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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 ...
Vladimir Lenin died in January 1924 and by the end of that year in the second edition of the book Stalin's position started to turn around as he claimed that "the proletariat can and must build the socialist society in one country". [6]
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 ...
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.
The Council of Ministers, under Stalin's leadership, spearheaded the implementation of the fourth five-year plan of economic development spanning 1946 to 1950. Stalin's directive on February 9, 1946, emphasized the restoration of war-affected regions, the resurgence of industry and agriculture to pre-war levels, and the subsequent transition to ...
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 1937, coal output was 127 million tons, pig iron 14.5 million tons, and there had been very rapid development of the armaments industry.
The government led by the Nobel Peace laureate was sworn in last month with the aim of holding elections in the South Asian nation after the ouster of prime minister Sheikh Hasina following deadly ...
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.