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Propaganda stand dedicated to the first five-year plan in Moscow. 1931 colour photo by Branson DeCou.. The first five-year plan (Russian: I пятилетний план, первая пятилетка) of the Union of Soviet Socialist Republics (USSR) was a list of economic goals, implemented by Communist Party General Secretary Joseph Stalin, based on his policy of socialism in one country.
Inflation can lead to massive demonstrations and revolutions. For example, inflation and in particular food inflation is considered one of the main reasons that caused the 2010–2011 Tunisian revolution [109] and the 2011 Egyptian revolution, [110] according to many observers including Robert Zoellick, [111] president of the World Bank.
Five-Year Plans of India. From 1947 to 2017, the Indian economy was premised on the concept of planning. This was carried through the Five-Year Plans, developed, executed, and monitored by the Planning Commission (1951–2014) and the NITI Aayog (2015–2017). With the prime minister as the ex-officio chairman, the commission has a nominated ...
A federal trial court judge in North Carolina used a highly unusual footnote in a ruling Friday to take a swipe at the Supreme Court, accusing the conservative majority of attempting to ...
The signals from Donald Trump and his party at the GOP convention this week painted a mixed picture of what posture the former president would have toward Wall Street and the larger business world ...
The fixed rate for a 15-year mortgage is 6.07%, up 2 basis points from last week's average 6.05%. These figures are lower than a year ago, when rates averaged 6.81% for a 30-year term and 6.11% ...
Annuity. In investment, an annuity is a series of payments made at equal intervals. [1] Examples of annuities are regular deposits to a savings account, monthly home mortgage payments, monthly insurance payments and pension payments. Annuities can be classified by the frequency of payment dates. The payments (deposits) may be made weekly ...
3.3 billion (2007 est.) [ 2] All values, unless otherwise stated, are in US dollars. The economy of North Korea is a centrally planned economy, following Juche, where the role of market allocation schemes is limited, although increasing. [ 9][ 10] As of 2024, North Korea continues its basic adherence to a centralized planned economy.