Five Year Plan
Soviet economic blueprint
Five Year Plan refers to a government's centralized economic planning strategy spanning five years, most famously associated with the Soviet Union under Stalin beginning in 1928.
These plans set production targets for industry and agriculture, typically prioritizing heavy industry and collectivization.
The Five Year Plan demanded impossible quotas from factory workers.
The term now applies loosely to any ambitious medium-term goal: What's your five year plan for the company?
- SovietOf the USSR
- StalinSoviet autocrat, mid-century
- iron curtainDivider of forged metal
- cold warHostility without open fighting
- collectivizationForced communal ownership transfer
industrialization · heavy industry · quota · propaganda · communism · USSR · Mao · China · central · state control · economy · targets · agriculture · factory · production · worker productivity · workers · command economy
- communismMarx, Marxism, Leninism, Lenin, proletariat
- Communist ChinaCommunist Party, People's Republic, Great Leap Forward, Gang of Four, Central Committee
- Marxist WorksCommunist Manifesto, Das Kapital, The Holy Family, Holy Family, Collected Works
- British IndiaBritish Raj, East India Company, viceroy, Raj, governor-general
- Mao's ChinaCultural Revolution, Great Leap Forward, Little Red Book, Long March, Maoism
- Communist PartyPolitburo, Central Committee, party congress, party secretary, general secretary
Five Year Planfree market economy
deregulation · privatization · neoliberalism · invisible hand · spontaneous order
Five Year Planshort-term thinking
Focus on immediate outcomes
improvisation · muddling through · crisis management · incrementalism · annual budget
Five Year Planwinging it
Proceeding without preparation
chaos · disorganization · anarchy · drift · organic growth
five, fives, fifthly, year, years, yearly, yearling, yearlings, yearlong