Portal:Business/Selected picture/October 2007

Photo credit: Public domain image uploaded by FrancisTyers

The first five-year plan of the Soviet Union was a list of economic goals that was designed to strengthen the Soviet Union's economy between 1928 and 1932, making the nation both militarily and industrially self-sufficient. Launched by Stalin in October 1928 and administered by Gosplan, the first five-year plan employed tactics such as keeping detailed records on every item manufactured in the nation and shipping it to where it needed to go at the right time. One of the primary objectives of the first five-year plan was to build up the heavy industry of the Soviet Union.