Recent trends in the centrally planned economies

image of Recent trends in the centrally planned economies

Total production of the centrally planned economies increased in 1964 at a rate considerably higher than that in both 1963 and 1962, but still below the rate experienced in the years preceding 1962. The acceleration of growth during 1964 was due mainly to the substantial recovery of agricultural production in the Union of Soviet Socialist Republics and to an acceleration in the growth of industrial production in several other countries.

Related Subject(s): Economic and Social Development
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