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Five-Year Plan

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Five-Year Plan
A multiyear plan for economic development prepared by a government. For example, a five-year plan may state the methods and the amount of development that should be experienced by the industrial sector by the end of the plan. Five-year plans were introduced in the Soviet Union and were adopted by most other 20th-century communist states. For that reason, the term is associated with command economies.


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The new Chrysler has emerged from bankruptcy protection as a leaner, hipper and more competitive automaker, top executives said Wednesday as they presented a five-year plan aimed at achieving long-term profitability.
WASSIT / Aswat al-Iraq: The Wassit Provincial council approved on Sunday the five-year plan with more than trillion Iraqi dinars, according to head of the media committee.
On transport in Wales THE first five-year plan that Plaid has ever put together has exposed their crass business sense.
 
 
 
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