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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 ...
Vyacheslav Mikhailovich Molotov: Report on the Third Five-Years Plan for the Development of the National Economy of the USSR [3] Andrey Aleksandrovich Zhdanov: Changes in the Statutes of the All-Union Communist Party (Bolsheviks) Election of the Commission in Charge of Changes in the All-Union Communist Party (Bolsheviks) Program
Both the German Four Year Plan and Soviet Second and Third Five Year Plans emphasized the construction of military installations, factories, canals, roads and cities that produced accumulating crises of over-investment and supply failures in other non-emphasized economic areas. [46]
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 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 ...
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.
After the successful industrialization drive in the first five-year plan, the government turned its focus to improving the lives of its citizens. The introduction of the second five-year plan in 1933 attempted to accomplish this by shifting the focus of production exclusively from industrial goods to include the production of some consumer goods.