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Since the economy of Russia was suffering due to civil war, a process of centralized planning was introduced. There were targets set for five years assessing how the economy may work. These five year plans did boost up the economy. Industrial production increased between 1929 and 1933
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A process of centralised planning was introduced by Bolsheviks. In it the officials assessed how the economy could work and set targets for a five year period called ‘Five Year Plans’.
The targets were set regarding the economy for its development.
These were the five years long plans that boosted the economy and industrial growth.
However, the working conditions were very poor with this development.
Although they started this with some aim but they were not able to achieve those aims.
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