What is Five-year plans for the national economy of the Soviet Union?
The five-year plans for the development of the national economy of the [[Soviet Union]] were multiple nationwide [[Command economy|centralized]] economic plans in the Soviet Union, starting in the late 1920s. In the end of 1920s, the USSR economy was sluggish, inefficient and mostly [[Agrarian economy|agrarian]] because of the [[New Economic Policy|New Economic Policy (NEP)]] was designed for the inherited agrarian economy of the former [[Russian Empire]]. In 1929, Soviet head-of-state [[Joseph Stalin]] enacted the five year plans (known in Russian shortly as ''pyatiletka''), along with the collectivization of the agricultural economy in order to accelerate the industrialization of the Soviet Union. This strategy consisted of stockpiling [[grain]] and selling (exporting) the excesses abroad to make money for the needed industrial equipment. This came at the cost of the [[Holodomor]], a famine which killed several million people. {{history-stub}} [[Category:Soviet Union]]