Economics · Five Year Plans
Launched in 1951, India's first five-year plan was based on which of the following economic models to focus on agriculture and irrigation to boost farm output?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Mundell-Fleming Model
- 2Harrod-Domar Model✓
- 3Cobb-Douglas Model
- 4Heckscher-Ohlin Model
Correct answer
Harrod-Domar Model
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