The Soviet Union introduces its first five-year plan.

First five-year plan (Soviet Union)

Economic policy of the Soviet Union from 1928 to 1932

The first five-year plan of the Union of Soviet Socialist Republics (USSR) was a list of economic goals, implemented by Communist Party General Secretary Joseph Stalin, based on his policy of socialism in one country. Leon Trotsky had delivered a joint report to the April Plenum…