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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 ...
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 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 ...
Stalin's first Five year Plan (1929–1933) was a colossal failure. Soviet population declined after 1933, and would see modest growth until 1936. [54] The figures suggest a gap of about 15 million people between anticipated population and those that survived the five-year plan. [54]
Stalin was initially noncommitted to the NEP. [27] Stalin then enacted a system of collectivization during the Grain Procurement Crisis of 1928 and saw the need to quickly accumulate capital for the vast industrialization programme introduced with the Five Year Plans starting in 1928. The Bolsheviks hoped that the USSR's industrial base would ...
For a plan period (in detail for one year and in lesser detail for a five-year plan) Gosplan drew up a balance sheet in terms of units of material (i.e. money was not used as part of the accounting process). The first step in the process was to assess how much steel, cement, wool cloth, etc. would be available for the next year.
In his work, Revolution Betrayed, Trotsky argued that the excessive authoritarianism under Stalin had undermined the implementation of the First five-year plan. He noted that several engineers and economists who had created the plan were themselves later put on trial as "conscious wreckers who had acted on the instructions of a foreign power". [9]
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.