First Five-Year Plan
Quick Summary
The First Five-Year Plan was a method of planning economic growth over limited periods through quotas, first used in the Soviet Union. Implemented by Joseph Stalin, the first plan (1928–1932) focused on developing heavy industry and collectivizing agriculture. This came at the expense of consumer goods and led to severe famines, particularly in Ukraine, which has been recognized as an attempted genocide. The plan established a "command economy" where subordinate units operated based on administrative instructions rather than market negotiations. While it achieved significant industrial growth, it drastically reduced the availability of consumer goods.12
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economic planningThe controversies of the 1920s…extremely ambitious drafts of the First Five-Year Plan. The radicals conceived the plan as taking precedence over all previous economic decisions so as to enable a sharp break with the past. With the support of the Soviet leader Joseph Stalin, it was their view that won.
Read More…extremely ambitious drafts of the First Five-Year Plan. The radicals conceived the plan as taking precedence over all previous economic decisions so as to enable a sharp break with the past. With the support of the Soviet leader Joseph Stalin, it was their view that won.
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Soviet UnionThe Party versus the peasantsThe Five-Year Plan as approved in April–May 1929 envisaged five million peasant households collectivized by 1932–33; this figure was doubled by November and doubled again during December. By the turn of the year it was decreed that collectivization should be completed in Ukraine by the autumn…
Read MoreThe Five-Year Plan as approved in April–May 1929 envisaged five million peasant households collectivized by 1932–33; this figure was doubled by November and doubled again during December. By the turn of the year it was decreed that collectivization should be completed in Ukraine by the autumn…
Read More- Soviet UnionIndustrialization, 1929–34
The Five-Year Plan had not been finalized by the time it was announced in April–May 1929, though it had been expected to come into operation six months earlier. In its initial form it prescribed goals for 50 industries and for agriculture and provided some relation between…
Read MoreThe Five-Year Plan had not been finalized by the time it was announced in April–May 1929, though it had been expected to come into operation six months earlier. In its initial form it prescribed goals for 50 industries and for agriculture and provided some relation between…
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