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The first five-year plan (Russian: I пятилетний план, первая пятилетка) of the Union of Soviet Socialist Republics (USSR) was a list of economic goals, implemented by Communist Party General Secretary Joseph Stalin, based on his policy of socialism in one country.
Stalin announced the start of the first five-year plan for industrialization on October 1, 1928, and it lasted until December 31, 1932. Stalin described it as a new revolution from above. [14] When this plan began, the USSR was fifth in industrialization, and with the first five-year plan moved up to second, with only the United States in first ...
Download as PDF; Printable version; ... First five-year plan may refer to: First five-year plan (China) First Five-Year Plans (Pakistan) ... Text is available under ...
The 2004 book The Years of Hunger: Soviet Agriculture, 1931–1933 by R. W. Davies and Stephen G. Wheatcroft gives an estimate of 5.5 to 6.5 million deaths. [ 192 ] The Encyclopædia Britannica estimates that 6 to 8 million people died from hunger in the Soviet Union during this period, of whom 4 to 5 million were Ukrainians. [ 193 ]
Industrial production as a result of the 5 Year Plans was also rapid. During the first 5 Year Plan for example, Cast Iron production reportedly saw a 188%, going from 3,300,000 tonnes to 6,240,000 tonnes a year. [42] In 1928, industrial output of electricity was 5,000,000,000 kW/h, rising to 13,000,000,000 kW/h by 1932, an increase of 270%.
Stalin in December 1932 declared the plan success to the Central Committee since increases in the output of coal and iron would fuel future development. [8] During the Second Five-Year Plan (1933–1937), on the basis of the huge investment during the first plan, the industry expanded extremely rapidly and nearly reached the plan's targets. By ...
Under Lenin, the New Economic Policy had allowed and used the concepts of profit and incentives for regulation of the Soviet economy. Stalin transformed this policy rapidly with the collectivization of farms and nationalization of industry, which was the result of the acceleration of central planning as exemplified by the "Five-Year Plans". [5]
Stalin announced his first Five-Year-Plan for industrialization in 1928. The goals of his plan were unrealistic – for example, he wished to increase worker productivity by 110 percent. [ 3 ] : 253 Yet even though the country was not able to meet these overambitious goals, it still did increase output to an impressive extent.