Q.1 Study the economic development of Pakistan from 1970 to 1980.

Ans: The fourth period of economic development:
1970-1980:
The separation of East Pakistan from West Pakistan was a great tragedy.
When in 1971, Zulfiqar Ali Bhutto took over power, Pakistan was surrounded
by problems. In the first 7 years of this decade, economic development was
disappointing. The currency devalued and the American dollar went up from
4.67 rupees to 11 rupees.
The nationalization of oil factories, commercial banks, aeroplane companies,
flour mills, and cotton ginning and rice threshing factories affected the
economy negatively. During the rule of General Muhammad Zia-ul-Haq the
country moved towards economic development. The 1978 economic reforms
ordinance was issued. The industrial units related to agriculture were
returned to their former owners.
Due to this the production of raw material increased, export percentage
increased and the agricultural yield was greatly improved, the government
could not control inflation. Rs. 750 crore were allocated for the fourth 5 years
plan (1970-75). The targets were not met for an increase in national income,
agricultural yield and increase in per capita income. Due to unfavourable
conditions inside the country, the fourth 5 years plan could not be
implemented and, at last, it was cancelled.

Related Questions:

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  2. Qi. Evaluate the strategy of economic development through decaties after independence.
  3. Q(ii). What are the problems faced by agriculture sector in Pakistan?
  4. Q(iii), Discuss in detail the efforts made for the solution of agricultural problems,
  5. Q(iv). Write a detailed note on link canals.
  6. Q(v). Write in detail about the fisheries Industry.
  7. Qvi. Elaborate the role of industry in Pakistan economy,
  8. Q(vii). Write in detail about heavy industries in Pakistan.
  9. Q(viii). What is meant by balance of trade and balance of payment?
  10. Qi. Explain the important problems in agricultural sector.
  11. Qii Explain cottage, small and large scale industries of Pakistan.
  12. Qiii. Narrate the importance of resources of energy for development.
  13. Q.v Study the foreign trade of Pakistan, its composition, direction and changes in balance.
  14. Q.vi Explain the Importance of the seaports and dry ports of Pakistan.
  15. Q.vii Write about the economic development of Pakistan from 1947 to 1970.
  16. Qvill Explain the reserves, economic value and distribution of metallic and nonmetallic minerals.
  17. Qix Discuss the role of agriculture in the economy of Pakistan.
  18. Who was appointed as the first civil martial law administrator of Pakistan?
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  20. Q2. What do you mean by “Minerals”?