Abstract

The total sum of capital investments in ferrous metallurgy during the Fifth Five Year Plan considerably exceeded the investments in the preceding five-year plan. If the average annual capital investments in ferrous metallurgy during the First Five Year Plan is 100, then investments during the Second Five Year Plan amounted to 194, during the pre-war years of the Third Five Year Plan (1938-1940) to 134, during the war years (1941-1945) to 217, in the Fourth Five Year Plan — 332, the Fifth Five Year Plan — 494 and in 1956 to 575. The continuous growth of capital investments in ferrous metallurgy is convincing proof of the advantages of the socialist economy and of the great attention given by the CP to this basic branch of the national economy of the USSR.

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