Abstract
The implementation of the CPSU's policy of accelerating the nation's social and economic development requires the technological reconstruction of the national economy along new lines. The Twelfth Five-Year Plan is a key stage in the realization of this strategic task. In the new quinquennium, which must become pivotal in all directions of the USSR's economic and social development, the rates and effectiveness of economic growth will be raised on the strength of the acceleration of scientific-technological progress, the technical retooling and reconstruction of industry, and the more intensive utilization of existing production potential. The CPSU and the Soviet government view the accelerated modernization of productive fixed capital as one of the principal conditions for the conversion of the national economy to the path of predominantly intensive development.
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