Choose given statement is true/false:

The Second Five-Year Plan focused on the development of the heavy industry.

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Detailed Solution

The above statement is True.
The Second Five-Year Plan focused on the development of the heavy industry. The Second Five-Year Plan was created in 1956. It put a lot of emphasis on the growth of heavy industries like steel and the construction of big dams. These industries would be governed by the government. Economic policy throughout the following few decades was influenced by this emphasis on heavy industry and the effort to regulate the economy at the state level. Some believed that agriculture had not received enough attention due to the focus on heavy industries. Others countered that primary education had been overlooked. Others still felt that the environmental effects of economic policies had not been considered.

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