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PARTICULARS India Pakistan China
When was Independence gained? (India got independence from Britishers in 1947) (Pakistan got independent from Britishers in 1947) (People's Republic of China was established in 1949)
When were 5 Years Plans Introduced? 1951 1956 1953
Economic policy Adopted After Independence Creating Huge Public Sector Creating Huge Public Sector All critical Sectors of Economy came under Govt Control
(Govt Set up Huge Large Capital intensive Industries while Private Sector developed small Industries and factories) (Govt Set up Huge Large Capital intensive Industries while Private Sector developed small Industries and factories) Govt owned all the land and all the factories and land
Increased Public expenditure on Social Development like New Schools, Colleges, Hospitals Increased Public expenditure on Social Development like New Schools, Colleges, Hospitals GLF Campaign(Great Leap Forward Campaign) was launched in 1958 whose aim was to industrialize the economy on a large scale
Agriculture Agriculture was with Private Sector Agriculture was with Private Sector Govt Owned the land, communes were set up in villages where all the people collectively cultivated land
Small Farms Owned by Individual Farmers Small Farms Owned by Individual Farmers Only 26000 Large communes in whole of China

 

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NCERT Questions

Question 3

What similar developmental strategies have India and Pakistan followed for their respective developmental paths?

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Other Questions

Question 1

What were the development strategies followed by China for their developmental path?

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Transcript

Common Points - India, Pakistan and China All 3 got Independence around same time India 1947 (From Britishers) Pakistan 1947 (From Britishers) China 1949 (People's Republic of China was formed) 5 Years Plans announced around the same time India 1951 Pakistan 1956 China 1953 Strategies Adopted in 5 Year Plans India Mixed Economy (Govt run large industries while Private Sector owned run small industries) Pakistan Mixed Economy (Govt run large industries while Private Sector owned run small industries) China Socialist Economy (All Major Sectors under Government Control) Who Owned Land? India Private Sector Small Farms Owned by Individual Farmers Pakistan Private Sector Small Farms Owned by Individual Farmers China Government Govt Owned the land. Communes were set up in villages where all the people collectively cultivated land

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Davneet Singh

Davneet Singh is a graduate from Indian Institute of Technology, Kanpur. He has been teaching from the past 12 years. He provides courses for Maths and Science at Teachoo.