ABSTRACT
The socialist economy requires people to regulate the various mutually dependent sectors in the national economy with plans in order to make them develop proportionally. In the development process of socialist production, the direction of the effects exerted by the law of value and the law of planned development of the national economy is sometimes identical. The law of planned development of the national economy and the law of value are both economic laws that objectively exist in socialist society. In the work on the national economic plan, it is important to master overall balance. The proportional relations within industry, within agriculture, and between agriculture and industry are three very important proportional relations in the whole national economy. Planning work must mobilize central as well as local activism and must combine central, unified leadership with the exercise of local activism.
