First 5 Year Plan Flashcards

1
Q

When was the first 5 year plan used

A

1928-1932

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2
Q

What were the 4 aims of first 5 ye are plan

A
  • increase production 300%
  • develop heavy industry

-boost electricity production 600%

  • double output of light production such as chemical output
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3
Q

What were the effects of the first 5 year plan

A
  • electricity output trebled
  • coal and iron output doubled
  • steel production increased by a third
  • Industrial complexes such as Magnitogorsk appeared
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4
Q

What were the negatives of the first 5 year plan

A
  • light industry targets were no where near met
  • consumer industries totally neglected: housing, food processing etc
  • smaller industries suffered at the gangs of the big ones
  • too few skilled workers and central coordination for efficient development
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