Which one of the following is associated with the idea of planning that gained a good deal of public support in the 1940s and 1950s?
Answer & explanation
Correct answer: option 3
The correct answer is Option (3) → It is a process of rebuilding economy
The idea of planning as a process of rebuilding economy earned a good deal of public support in the 1940s and 1950s all over the world, helped by the Great Depression in Europe, the reconstruction of Japan and Germany, and the growth of the Soviet Union.
NCERT (2025-26): “Planning … In fact the idea of planning as a process of rebuilding economy earned a good deal of public support in the 1940s and 1950s all over the world. The experience of Great Depression in Europe, the inter-war reconstruction of Japan and Germany, and most of all the spectacular economic growth against heavy odds in the Soviet Union in the 1930s and 1940s contributed to this consensus.…” |