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Socialism in Europe and the Russian Revolution — Social Science STD 9 — Question

Rajasthan BoardEnglish MediumSTD 9Social ScienceSocialism in Europe and the Russian Revolution1 Mark
Question
What was Centralised Planning?
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Answer

A process of centralised planning was introduced by Bolsheviks. In it the officials assessed how the economy could work and set targets for a five year period called ‘Five Year Plans’.

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