INDUSTRIALIZATION , 5 year plan
- 5 year plan
- A series of plans designed to increase industry output
- Based on a quota system
- economic planning was now forced
- Command economy - set targets for production
- First was 1928-1933 - agriculture changes (collectivization)
- Main focus on heavy industry
- Second was 1933-1937
- It was to sever and changed in 1934
- Many party officials revolted against this and nominated a successor to Stalin
- Stalin had him shot (this was the beginning of the Great Purges)
- A series of plans designed to increase industry output
- Based on a quota system
- economic planning was now forced
- Command economy - set targets for production
- First was 1928-1933 - agriculture changes (collectivization)
- Main focus on heavy industry
- Second was 1933-1937
- It was to sever and changed in 1934
- Many party officials revolted against this and nominated a successor to Stalin
- Stalin had him shot (this was the beginning of the Great Purges)
"One death is a tragedy; one million is a statistic."
- Joseph Stalin
- Joseph Stalin
Summary: Stalin introduced the 5 year plan as a solution to the decreasing economy. He focused it upon Industry and agriculture, using a quota system, but the goals he set for his quotas were set too high.