Five-Year Plans


Also found in: Financial, Encyclopedia, Wikipedia.

Five-Year Plans

1928, 1933, 1938, The Soviet system of economic planning aimed at development of heavy industry (latterly armaments) and collectivization of agriculture. They never really fulfilled their targets and were usually either quietly abandoned or run into the next in sequence.
Dictionary of Unfamiliar Words by Diagram Group Copyright © 2008 by Diagram Visual Information Limited
References in periodicals archive ?
Most suburban communities have five-year plans, but Lake Zurich is on the cusp of accomplishing something Village Manager Ray Keller says is unusual sticking to one.
"With the level of successes that we have attained over the last 10 years, we will really be able to turn Bangladesh into a developed country by 2041 through implementing next four to five five-year plans," he hoped.
The government will do away with five-year plans when the twelfth plan ends in 2016-17, NITI Aayog vice chairman Arvind Panagariya has said, ending two years of uncertainty over the fate of the development plan first initiated by Jawaharlal Nehru in 1951.
It is worth mentioning that the 9 th five-year plan (2016-2020) is the last in a series of five-year plans leading to Vision 2020.
Instead of producing Soviet-style five-year plans which, like most five-year plans will never be fulfilled, why don't they concentrate on delivering a decent service now."
One- to three-year plans are more essential than five-year plans because none of us knows where we will be in five years.
Instead, recent five-year plans have become instruments for forming a consensus for action as opposed to promulgating what amounted to the rule of law in China's economic arena.
He said that if the line were extended all the way to Battery Park City, the cost would total up to $20 billion, with construction spanning multiple five-year plans.
The result is a wide-ranging set of essays analyzing the social dimensions of superindustrialization of Stalin's five-year plans through 1941.
Further, five-year plans are usually modest because management does not want to set goals too high,