The First Five Year Plan Flashcards
When was the 5 year plan?
1953-1957
Why was the FFYP created?
The CCP believed it was time to move forward form the New Democracy stage and into a more socialist way of living
What was the industry prioritised during the FFYP? How much funding did it get?
Heavy Industry- received 88.8% of the government’s budgeted capital
What percentage of the government’s budgeted capital did manufacturing industries get?
11.2%
What and how many new industrial enterprises provided the foundation of the first five year plan?
700- including oil refineries, metallurgical plants, and coal mines
What was the Soviet Union’s role in the FFYP? (2 pt)
sent 10,000 engineers and advisors to China to establish new industrial plants and install Soviet-made machinery
28,000 Chinese trained in the USSR
Other than heavy industry, what was the main focus of the FFYP?
Transport infrastructure- new bridges, railways and roads
Did China meet its set industrial production targets?
yes- some were exceeded
overall increase of 10-16% in production
When did China start paying back the USSR more than it was receiving in aid?
1955
What was China’s agriculture growth in the FFYP?
4% per year
What were mutual aid teams?
Groups of up to 10 families who shared tools, draft animals and labour
What were lower and higher Agricultural Cooperatives?
Lower- 20-40 households- like mutual aid teams but peasants were paid for the land they owned and their labour
Higher- 100-300 families- land ownership was collective and people were paid for their labour
Why did the CCP think it would be ok to not provide funding to the agricultural sector?
They believed their methods of collectivisation would balance the lack of money and bring great benefits
What was excess labour used to do in the Cooperatives?
Small irrigation works
Clearing land
Why was grain production growth of 2-3% annually a problem?
The population was growing by 2.2% per year, thus food supply was barely keeping up
