What were they
The Five Year Plans were a series of nationalized plans for the economic development of the Soviet Union
When
First Plan (1928-1933)
Second Plan (1933-1937)
Third Plan (1938-1941)
Purpose
One of Stalin’s main goals was to increase the output of industrial goods, and he placed emphasis on electrical power, capital goods (ex. coal, iron, and machinery), and agriculture.
Stalin wanted to make the Soviet Union’s economy self-sufficient, as he feared that his nation was falling behind and needed to catch up with the rest of the industrialized world.
Stalin wanted to strengthen the economy to increase military strength due to the fear of foreign invasion he needed a well-developed industrial base especially of heavy industry.
He also wanted to improve standards of living of people in Russia to bridge the gap between them and the West. A strengthened economy would fulfil and maintain the promise to international proletariat to develop the country and become the first socialist state by industrialising.
What happened
The Five Year Plans brought all industry and industrial development under state control.
In addition, Stalin transformed Soviet agriculture by introducing a system of collectivization, in which peasants worked on collective farms that were owned by the state.
All industry was nationalized, and factories were required to meet output quotas determined by the state.
Impact
Political
Economic/production
Social
First Plan (1928-1933)
The Soviet regime introduced the First Five Year Plan in 1928, which was maintained by the Gosplan.
This plan focused on rapid industrialization and initiated the collectivization of agriculture.
Among other orders, Stalin demanded a 200% increase in iron production and 335% increase in electrical power, and set his laborers to work with firm restrictions (Simkin).
Prisoners carried out much of the labor, as they were cheap and in