The Third Five Year Plan had 5 main weaknesses: ❖ The growth in steel output was poor. ❖ The plan was impacted by the Nazi Germany's invasion of the Soviet Union and it was ended early. ❖ The purges continued to impact the delivery of targets.
The plan did not hit its targets because the quotas were unrealistic for such a short period of time, some of these quotas were not met for years to come. There were no goals set for the plan, even if a quota was met, it was increased giving the plan no chance to succeed.
The second Five-Year Plan (1933–37) continued the objectives of the first. Collectivization, coupled with other Stalinist policies, led to terrible famines that caused the deaths of millions of people.
Third plan, 1938–1941
Still, a reported 12% to 13% rate of annual industrial growth was attained in the Soviet Union during the 1930s. The plan had intended to focus on consumer goods. The Soviet Union mainly contributed resources to the development of weapons and constructed additional military factories as needed.
The Third Five-Year Plan, begun in 1938, produced poorer results because of a sudden shift of emphasis to armaments production in response to the worsening international climate. All in all, however, the Soviet economy had become industrialized by the end of the 1930s.
The First Five-Year Plan was declared a success by Stalin in 1932, about 10 months earlier than planned, having exceeded the production goals for heavy industry. In spite of these declarations of success, the plan failed to meet all the quotas and had an enormous human toll.
During the planning period, the highest growth rate was achieved during the 10th five years plan. Five Years Plan: The Indian economy has been focused on the concept of economic planning since 1947.
The Plan was overall a great success: The national economy maintained a stable rate of growth. The average annual growth rate for industrial and agricultural products was 11%.
effect on Ukraine
The fourth five-year plan, as in the prewar years, stressed heavy industry to the detriment of consumer needs. By 1950, Ukraine's industrial output exceeded the prewar level. In agriculture, recovery proceeded much more slowly, and prewar levels of production were not reached until the 1960s.
Economic activity was pushed in the direction of heavy industries, which lead to a 350 percent increase in output, in a bid to prepare Russia for an industrialised war. The first Five Year Plan also had a revolutionary effect on society, as millions left the farms to pursue new lives in the cities.
The Second Five-Year Plan – 1933-37
Forced collectivisation had also led to food shortages, rationing and even famine. Many workers changed jobs regularly and skilled workers were in short supply.
In all, there were thirteen Soviet five-year plans. The first ran from the autumn of 1928 to 1933; at that time the accounting year began in October with the end of the harvest. The third plan (1938-1942) was interrupted in mid-1941 by World War II. Five-year planning began again with the fourth (1946-1960).
From 1929 until Stalin's death, the Gulag went through a period of rapid expansion. Stalin viewed the camps as an efficient way to boost industrialization in the Soviet Union and access valuable natural resources such as coal, other minerals and timber.
Monetary & Time Constraints
The success of any plan depends upon the availability of time and money. The constraints of time and money are largely responsible for the failure of many plans, especially those which involve complex, time consuming tasks and big budgets.
Stalin called for an "atheist five year plan" from 1932 to 1937, led by the LMG, in order to eliminate all religious expression in the USSR. It was declared that the concept of God would disappear from the Soviet Union.
The Fourth Five-Year Plan began in 1945. During the early years of the period, attention focused on repair and rebuilding, with minimal construction of new facilities. Repair work proceeded briskly, with spectacular results.
The purposes of the Five-Year Plan, as set forth by responsible officials at Moscow, are the creation of a more adequate industrial development in an industrially backward country and the introduction of more efficient methods of agriculture, including large-scale, highly mechanized farming on coöperative lines.
Successes of the first five-year plan
Although many of the goals set by the plan were not fully met, there were several economic sectors that still saw large increases in their output. Areas like capital goods increased 158%, consumer goods increased by 87%, and total industrial output increased by 118%.
economic development
With the support of the Soviet leader Joseph Stalin, it was their view that won. The Five-Year Plan as approved in April–May 1929 envisaged five million peasant households collectivized by 1932–33; this figure was doubled by November and doubled again during December.
The Plan resulted in radical measures that forced farmers to give up their land and their livestock. Many people were reduced to extreme poverty and famine became widespread. Terror, violence, and fear replaced the initial optimism about the Plan.
Three and five year strategic plans are often used in conjunction with short term planning to allow an organization to see how short term projects and actions contribute to long term goals. From this dashboard view, users can drill down on the critical KPIs for more details and to see action plans.
The correct answer is Eleventh plan.
Under the Second Five-Year Plan (1933-37), the state devoted attention to consumer goods, and the factories built during the first plan helped increase industrial output in general. By the late 1930s, however, collectivized farms were performing somewhat better (after reaching a nadir during the period 1931-34).
I understand interviewers and professors ask the “What is your five year plan?” question to get a general sense of what your future goals are and to encourage you to ask yourself what you want for your future. What's not commonly emphasized is that it's okay to not stick to that plan.
In 1928, Stalin launched his First Five-Year Plan to speed up the process of industrialisation in the Soviet Union so that it could compete with output levels in developed capitalist economies.