Economics · First Five-Year Plan Models
Launched in 1951, India's First Five-Year Plan was based on which economic model to focus on agriculture, irrigation, and power projects?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Heckscher-Ohlin Model
- 2Mahalanobis Model
- 3Harrod-Domar Model✓
- 4Solow-Swan Model
Correct answer
Harrod-Domar Model
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