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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.
The distinctive drawback inherent to the Stalinist model also manifested itself in China's planned economy. During the first five-year plan, the rapid industrialization disproportionately prioritized the defence and heavy industry, while the importance of civil and light industry was downplayed and rendered accessories. [57]
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 ...
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.
Harbin, as the former headquarters of the CCR and a major railroad junction was the site of intensive investment during the First Five Year Plane. Out of the total 24.85 billion devoted to capital construction in the industrial sector during the First Five Year Plan, 10.3% (2.56 billion RMB) was allocated to the 22 projects in Heilongjiang.
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 ...
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.
As the 1920s progressed, Stalin used his position to expel critics within the party and tightened his grip. Stalin's alliance with the party's right wing ended when Stalin decided to proceed with the First Five Year Plan, abandoning the New Economic Policy. [13] Stalin defeated his opponents within the party by 1928, ending internal power ...