Industrialization, 5 year plans
-The 5 year plans were a series of plans designed to increase industry and output
-Based on quota system
-Economic planning was now forced
-Command Economy - set targets for production
-First was 1928-1933 - agricultural changes (collectivization)
-Main focus on heavy industry
-Second was 1933-1937
-Too severe and changed in 1934
-Many party officials revolted against this and nominated a successor to Stalin
-Stalin had him shot (Beginning of the Great Purges)
-Based on quota system
-Economic planning was now forced
-Command Economy - set targets for production
-First was 1928-1933 - agricultural changes (collectivization)
-Main focus on heavy industry
-Second was 1933-1937
-Too severe and changed in 1934
-Many party officials revolted against this and nominated a successor to Stalin
-Stalin had him shot (Beginning of the Great Purges)