Soviet Economic Planning, the 1929 Crash, and Fascism
Soviet Five-Year Economic Plans
The five-year plans for the national economy of the USSR were a series of nationwide projects focused on the centralized economic development of the Soviet Union. These projects were developed by the State Planning Commission (Gosplan) based on the theory of productive forces, which was part of the Communist Party's general guidelines for economic development. Fulfilling the plan became a key goal for the Soviet bureaucracy. These initiatives involved planning the national economy in five-year increments. Several five-year plans were not fully completed within their allocated periods; some were successfully finished ahead of schedule, while others failed and were abandoned.
Interwar Europe and the Crash of 1929
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