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Stalin's version of the five-year plan was implemented in 1928 and took effect until 1932. [ 2 ] The Soviet Union entered a series of five-year plans which began in 1928 under the rule of Joseph Stalin .
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. [12] 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 ...
Stalin's first five-year plan, adopted by the party in 1928, called for rapid industrialization of the economy. With the greatest share of investment put into heavy industry, widespread shortages of consumer goods occurred while the urban labour force was also increasing.
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 ...
In 1928, the first five-year plan was launched by Stalin with a main focus on boosting Soviet heavy industry; [255] it was finished a year ahead of schedule, in 1932. [256] The country underwent a massive economic transformation: [257] new mines were opened, new cities like Magnitogorsk constructed, and work on the White Sea–Baltic Canal ...
First five-year plan may refer to: First five-year plan (China) First Five-Year Plans (Pakistan) First five-year plan (Soviet Union) See also.
Stalin's first Five year Plan (1929–1933) was a colossal failure. Soviet population declined after 1933, and would see modest growth until 1936. [55] The figures suggest a gap of about 15 million people between anticipated population and those that survived the five-year plan. [55]
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. [40] 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%.