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Topic: Question on dynamic SQL

At unit performance

begin
execute immediate ' create table table1 (tab1 number) ';
insert into table1 values (1);
commit;
end;

I receive
[quote =] ORA-06550: line 3, column 13:
PL/SQL: ORA-00942: table or view does not exist
ORA-06550: line 3, column 1:
PL/SQL: SQL Statement ignored

It turns out, the table has not time to form to . Why?
Thanks.