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The World After World War II

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Question

The first country to introduce economic planning was _________.

A

U.S.A.

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B

Germany

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C

England

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D

Soviet Russia

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Solution

The correct option is D Soviet Russia

Five-Year Plans (FYPs) are centralized and integrated national economic programs. Joseph Stalin implemented the first Five Year Plan in the Soviet Union in the late 1920s. Most communist states and several capitalist countries subsequently have adopted them.

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The World After World War II

Standard X History

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