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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 ...
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.
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 ...
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 ...
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%.
Stalin believed that creating a socialist society was achievable in the Soviet Union without aid from outside sources or capitalist ideology. Backed by Stalin's Bolshevik-leaning ideology, he believed there was no need to build a basis of capital upon communism and implemented the first five-year plan. [3]
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.
While collectivization did not meet with much success, industrialization during the Great Break did. Stalin announced his first Five-Year Plan for industrialization in 1928. The goals of his plan were unrealistic – for example, he wished to increase worker productivity by 110 percent.