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Ten 5-Year Plan Examples (For Inspiration)

5 year plan examples and definition, explained below

A 5-year plan is a strategic outline that sets forth objectives, strategies, and actionable steps intended to be implemented over a five-year period. Its purpose is to achieve long-term goals, and is used by a wide range of people and organizations – from governments to businesses to individuals and couples.

Your plan should provide a clear roadmap and framework for achieving long-term objectives by breaking them down into actionable steps and milestones.

Begin crafting your 5-year plan by setting clear, specific, and measurable goals, then break them down into yearly, monthly, or even weekly actionable steps, ensuring each action aligns with the ultimate objectives and adjust as needed for flexibility and responsiveness to change.

How to Create a 5 Year Plan: Rules to Follow

Creating a 5-year plan involves a structured approach to identifying long-term goals and breaking them down into manageable, strategic steps. Here’s a generalized guide:

1. Define Clear Objectives Start by crystalizing your long-term aspirations and aims into defined objectives, ensuring that each goal adheres to the SMART criteria – being Specific, Measurable, Achievable, Relevant, and Time-bound. This foundational step provides a clear vision and purpose for your 5-year plan, acting as a guiding light throughout its duration.

2. Develop Actionable Steps Translate your long-term objectives into actionable steps, subdividing them across a logical timeline with distinct targets set for each year. This dissection of your overarching goals into smaller, tangible steps makes the goals seem more achievable and manageable and will help you to assess your progress along the way. You should have short-term goals that you can get started on immediately, which may be stepping stones along the way.

3. Implement and Monitor Embark on the journey by starting with the immediate or short-term actions that you set out in the previous steps. An ongoing monitoring process is important to ensure you are on track. Monitor on a regular basis (weekly, monthly, or quarterly) and make adjustments whenever needed to keep yourself on track.

4. Seek Feedback and Improve Continuously Actively seek feedback from mentors, peers, and professionals in your field, utilizing their insights to refine your strategies. Cultivate a mindset of continuous learning and be ready to adjust your path based on the knowledge and skills you acquire along the way. Maintain a growth mindset and stay adaptable to changes and new opportunities that may arise. Ensuring consistency in your actions and staying persistently focused on your objectives will build momentum towards your goals.

5. Celebrate Milestones Regularly acknowledge and celebrate achieved milestones, as this not only provides a motivational boost but also ensures that you’re recognizing and valuing your progress. One of the big upsides of having milestones in your 5-year plan is that you can measure progress by watching milestones tumble as you progress. Celebrate it!

Remember, periodic evaluations of your plan’s effectiveness are crucial. It’s vital to stay willing to modify your goals and strategies based on the insights gained during the implementation phase and any evolving external circumstances.

5 Year Plan Examples

1. recent highschool graduate.

Goal: “Within 5 years, I will achieve an entry-level job in my career of choice. To get there, I will need to excel at university and graduate with a strong resume.”

  • Year 1: Enroll in higher education, secure part-time work or an internship, and join related clubs for networking.
  • Year 2: Focus on specialized courses, gain practical experience through internships, and attend industry events.
  • Year 3: Assume leadership in campus organizations, initiate career-related projects, and enhance your professional portfolio.
  • Year 4: Complete degree, gain advanced experience via internships, and start a comprehensive job search in the desired field.
  • Year 5: Secure entry-level position, seek continuous learning opportunities, and explore potential career advancement pathways.

2. Teaching College Student

Goal: “My 5 year goal is to be an employed educator in my preferred subject of teaching. This requires me to graduate with a quality education degree, gain valuable teaching experiences, and network with educators and professionals.”

  • Year 1: Enroll in related training and coursework, join education-focused clubs on campus, and look for volunteer opportunities in educational settings.
  • Year 2: Narrow down a focus in your preferred subject, get practical training through tutoring or assistant teaching, and attend educational conferences or seminars.
  • Year 3: Engage in student teaching placements, initiate a project or research in your area of interest, and start networking by attending education career fairs.
  • Year 4: Complete degree with a focus on courses relevant to your preferred subject, gain further experience via internships or student teaching, and prepare for teacher certification exams.
  • Year 5: Pass the teacher certification exam, secure a teaching position, and seek professional development opportunities for continual learning and growth.

3. Business College Student

Goal: “In 5 years, I aim to secure an entry-level management position in my desired industry. I’ll need to graduate from a strong business program, gain practical work and leadership experience, and build my professional network.”

  • Year 1: Enroll in pertinent business courses, seek out internships, and join business-oriented clubs and organizations on campus.
  • Year 2: Focus on core business classes like finance, marketing, and operations, and secure summer internships. Attend networking events and workshops.
  • Year 3: Pursue specialized business courses based on your area of interest, take on leadership roles in campus organizations, and work on a project related to your chosen business sector.
  • Year 4: Finish degree with high grades, pursue an industry-aligned internship, and begin building a comprehensive job search strategy.
  • Year 5: Secure an entry-level business position, start networking within your chosen industry, and pursue opportunities for continuous learning and career advancement.

4. Young Couple in their 20s

Goal: “In 5 years, we aim to be financially stable, advance in our respective careers, and perhaps start a family. This will require careful financial planning, professional growth, and personal development.”

  • Year 1: Outline joint financial goals, start saving a certain percentage of income, and take roles that offer career growth.
  • Year 2: Focus on upgrading necessary skills for job advancement, look for investment opportunities, and start discussing and planning for family expansion.
  • Year 3: Check progress against career goals , increase savings and investments, and incorporate family planning into lifestyle decisions.
  • Year 4: Evaluate career advancement, reassess financial standing, and prepare personally and financially for the potential addition of a family member.
  • Year 5: Consolidate career positions, ensure financial stability, and consider starting a family, based on personal circumstances and readiness.

5. Married Couple in their 30s

Goal: “In 5 years, we aim to have substantial savings for downpayment on a house, secure strong positions in our respective jobs, and raise a well-adjusted family. This will require continuous financial planning, career progression, and balanced family life.”

  • Year 1: Re-evaluate financial goals and plans, remain committed to career advancement, and take proactive measures for work-life balance .
  • Year 2: Implement changes to career paths if needed, continue regular savings for house and emergency fund, and ensure a healthy balance between work hours and family time.
  • Year 3: Evaluate career growth and make adjustments as necessary, increase savings for the house purchase, and start considering suitable neighbourhoods/schools for family life.
  • Year 4: Secure strong positions in chosen careers, maintain a growing saving fund, and begin house hunting while ensuring the emotional and educational needs of the family are met.
  • Year 5: Finalize the savings for the house down payment, ensure job stability, purchase a house, and aim for a balanced family life with time for personal and professional growth .

6. Couple in their late 50s

Goal: “In 5 years, we aim to transition smoothly into retirement, secure our financial futures, and spend quality time with our loved ones. This will require financial planning, health management, and nurturing personal interests.”

  • Year 1: Evaluate financial standing and retirement savings, work to finalize career commitments, and pursue healthy lifestyle habits.
  • Year 2: Work on increasing retirement savings, plan succession in the job, and start exploring interests that could be pursued post-retirement.
  • Year 3: Review financial plans with a financial advisor to ensure a comfortable retirement, begin passing on important career responsibilities, and develop further hobbies and interests.
  • Year 4: Smooth transition out of working life, finalize retirement funds, and invest in health by joining wellness courses or activities.
  • Year 5: Fully retire, manage retirement funds wisely, retain active social life through hobbies, interests, and family, and ensure regular health check-ups.

7. Early Career Professional

Goal: “In 5 years, I aim to be in a leadership position within my industry. This will require professional development, networking, and a strategic approach to my career progression.”

  • Year 1: Set clear career goals, seek mentorship, and start building a strong professional network.
  • Year 2: Pursue opportunities to advance skills, whether through on-the-job training or further education, and deepen industry connections.
  • Year 3: Take on more significant responsibilities within your role, start attending industry conferences, and pivot your career path if necessary based on market trends.
  • Year 4: Seek roles with increasing responsibilities, continue professional education to stay updated, and expand your influence within your professional network.
  • Year 5: Secure a leadership role in your industry, continually update your skill-set to stay competitive, and solidify your position within your professional network.

8. New Business Goals

Goal: “In 5 years, our cafe will be a profitable, beloved local establishment, having expanded to a second location. This will require dedicated work in customer service, marketing, and business strategy.”

  • Year 1: Have a strong start with rigorous staff training, dedicated customer service, and an aggressive marketing plan to establish the brand.
  • Year 2: Consolidate operations through the refinement of offerings based on customer feedback, intensify local marketing efforts, and aim to break even financially.
  • Year 3: Enhance customer loyalty through reward programs and community events, initiate a profit-making plan, and start considering expansion ideas.
  • Year 4: Achieve a consistent profit margin, continue focusing on customer satisfaction while building a strong presence in the community, and start finalizing plans for a second location.
  • Year 5: Expand to a second location, ensure both cafes are profitable, and continuously work on the upkeep of quality, and customer engagement.

9. Mentorship Goals

Goal: “In 5 years, I aspire to have positively influenced numerous individuals in their personal and professional development. This will require continuous learning, networking, and enhancing my mentoring skills.”

  • Year 1: Understand your mentees’ needs, develop personalized mentoring strategies, and also focus on continuous learning.
  • Year 2: Improve mentoring skills through workshops and certifications, increase your network of professionals and keep up-to-date with industry trends.
  • Year 3: Offer mentees opportunities for exposure and growth within your network, seek feedback on your mentoring, and adjust strategies as necessary.
  • Year 4: Nurture long-term relationships with mentees, measure the impact of your mentoring, and seek new mentees, if capacity allows.
  • Year 5: Expand your mentoring practice by possibly writing a book, starting a blog, or hosting workshops based on your experiences and successes. Be proud of the positive impact you’ve made and continue refining your mentoring strategies.

See More Goals for Mentorship Here

10. Retirement Goals

Goal: “In 5 years, I aim to be comfortably retired, leveraging my savings for a stable financial future, and enjoying my interests and hobbies. This will require smart financial handling, health management, and personal development.”

  • Year 1: Finalize retirement savings and plans, tie up loose ends at work, and identify hobbies and pursuits of interest for your retirement years.
  • Year 2: Begin to transition out of work life and into retirement, adjusting your lifestyle to match your post-retirement budget. Start to engage more actively in hobbies and pursuits.
  • Year 3: Officially enter retirement, reorganize your finances as needed, and continue to invest time in personal interests and social activities.
  • Year 4: Ensure your funds are being managed wisely based on your lifestyle, maintain a balanced schedule with activities that bring you joy and keep you healthy.
  • Year 5: Continue to monitor financial status and adjust spending as needed, stay active by finding new hobbies and interests, and seek opportunities for lifelong learning and growth.

See Also: 10 Year Goals Examples

Before you Go

To get started with your goalsetting, I recommend using the SMART Goals format. Here’s a printable template I’ve provided for you:

smart goals template

Get the Google Docs Template Here

Chris

Chris Drew (PhD)

Dr. Chris Drew is the founder of the Helpful Professor. He holds a PhD in education and has published over 20 articles in scholarly journals. He is the former editor of the Journal of Learning Development in Higher Education. [Image Descriptor: Photo of Chris]

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What was the main purpose of Stalin’s 5 year plan

Joseph Stalin’s five years plan is an important way of planning economic growth over a limited period of time. The five-year plans are created with the objective of making a proper plan so that economic growth can be achieved as expected. It was fully utilised in the Soviet Union by Joseph Stalin, and later it has been adopted by many socialist states. The first five year plan in the Soviet Union started in 1928 and continued till 1932 under the leadership of Joseph Stalin. The main purpose of this first five year plan was on developing heavy industry and collectivising agriculture and at the same time it was aimed at achieving a drastic fall in consumer goods. The main purpose of Joseph Stalin under the five year plan was to convert the Soviet Union into a world power. This is to achieve by way of a massive agricultural and industrial advancement within a short period of time of five years.

Collectivisation of agriculture remained the focus area in first five year plan

Agriculture was collectivised during this period of five years with the objective of achieving bigger farms under state control. Collectivisation of agriculture means the land would no longer belong to individual peasants and it is acquired by the state. However it does not prove to be effective because it has resulted into a grain crisis and there was lack of effective participation in this collectivisation among many of the peasants. The strategies used by Stalin to ensure active participation were highly abusive and those who disobeyed were shot or sent to labour camps. Collectivisation was forced among the peasants with the objective of industrialisation of agriculture, but there was resistance identified among many of the peasants to collectivise. They were highly interested in working on their own land rather than supporting the attempt to collectivise.

Industrialisation is used as a factor to promote collectivisation

Industrialisation was an essential requirement for the collectivisation to succeed. There were requirements for tractors and agricultural machines by bigger farms, and emphasizes were made on heavy industry and rapid industrial progress. The overall infrastructure was developed at a rapid pace with new factories and towns were set up in record time. New roads and railways were built up with the objective of supporting industrialisation and ultimately collectivisation. The target set up by the government was highly ambitious and industrialization was aimed to accomplish through forced labour, terror, competition and incentives, low wages, technical training and literary programs.

Success/failure of the Stalin’s first five year plan

The overall Emphasis of the first five year plan was therefore on achieving industrialisation and collectivization through forceful measures, and Stalin has declared the success of the first five year plan by all these strategies. Such claims of success of the first five year plan were made on the basis of exceeding the production goals for heavy industry. However, in reality, the plan was considered a failure despite many actions because it failed to meet all the quotas and had a negative implication on human life. All the initiatives to achieve industrialisation were made at the cost of human life and it is the major factor that indicates the failure of the first five year plan. Joseph Stalin carried out many such five year plans after recognising the first one as a successful one.

Subsequent five year plans for Stalin to promote economic growth

The second five year plan started in the year 1933 and continued till 1937 and the focus of this five year plan was on continuing the objective of the first plan i.e. to collectivisation and industrialisation. In addition to this, the second five year plan also emphasised on stanlinist policies and they have created terrible famines that caused the death of millions of people. The third five year plan was carried out from 1938 to 1942 and it focused on the production of armaments. The fourth five year plan started from 1946 and lasted till 1953 and the main emphasis during this period was on heavy industry and military build-up. As a result of this development, the western powers got angry with the Soviet Union.

Important questions on Stalin’s five years plan we can help         

Our professional writing experts are good at providing answers to any of the questions relating to spellings five year plan. Some of the important questions related to Stalin five years plan include:

  • ‘Stalin was ruthless in his mission to implement communism in Russia through the Five-Year Plans, from 1928 to 1939.’Critically discuss this statement. Use relevant historical evidence to support your line of argument.
  • The first Five-Year Plan, introduced in 1928, concentrated on the development of iron and steel, machine tools, electric power and transport. Joseph Stalin set the workers high targets. He demanded a 110% increase in coal production, 200% increase in iron production and 335% increase in electric power. Write an essay in which you discuss the impact of Stalin’s Five-Year Plans on the Soviet Union.
  • Discuss the impact of Stalin’s Five-Year Plan on the people of the Soviet Union. KEY ASPECTS Introduction Stalin’s economic policy of industrialisation – make a statement linked to the question. Purges and show trials of the 1930s and the effects of Stalin’s policies on the Soviets

We at Student Life Saviour offers best essay writing service in South Africa at affordable prices and can cover topics like Stalin’s five year plans in a perfect way by including introduction, body and conclusion on the five years plan.

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How to write an essay about Stalin’s Five Year Plans

How to write an essay on stalin’s five year plans: a comprehensive guide.

Stalin’s Five Year Plans were a series of centralized economic plans implemented in the Soviet Union from 1928 to 1932. These plans aimed to transform the Soviet Union from an agricultural society into an industrialized nation through rapid industrialization and collectivization of agriculture. The plans were characterized by ambitious production targets, strict state control, and the use of forced labor.

Writing an essay on Stalin’s Five Year Plans can be a challenging task, but with the right approach, it can be a rewarding experience. To begin with, it is important to understand the historical context in which the plans were implemented and the impact they had on the Soviet Union and its people. This requires a thorough analysis of primary and secondary sources, including government documents, speeches, and scholarly articles.

Moreover, a successful essay on Stalin’s Five Year Plans should also address the controversies and debates surrounding the plans. While some historians argue that the plans were necessary for the Soviet Union’s survival and modernization, others criticize the plans for their human cost and inefficiencies. By examining multiple perspectives and sources, a well-crafted essay can provide a nuanced understanding of this complex historical topic.

Section 2: Historical Background

Joseph Stalin was the leader of the Soviet Union from 1924 until his death in 1953. He was known for his strong leadership and his desire to modernize the Soviet Union. Stalin believed that the Soviet Union needed to catch up with the industrialized Western countries in order to protect itself from foreign threats.

In order to achieve this goal, Stalin introduced a series of Five Year Plans. These plans were designed to rapidly industrialize the Soviet Union and transform it from an agricultural society into an industrial powerhouse. The first Five Year Plan was launched in 1928 and focused on heavy industry, such as steel production and coal mining.

The Soviet Union had a long way to go to catch up with the industrialized nations of the West. The country had been devastated by World War I, the Russian Revolution, and the subsequent civil war. The economy was in shambles, and the country was facing widespread famine and poverty. Stalin’s Five Year Plans were seen as a way to modernize the country and improve the lives of its citizens.

However, the Five Year Plans were not without their drawbacks. The rapid industrialization came at a great cost to the people of the Soviet Union. Workers were forced to work long hours in dangerous conditions for low pay. Many were sent to labor camps or executed for failing to meet production quotas. The agricultural sector suffered as resources were diverted to heavy industry, leading to widespread famine and starvation.

Despite these drawbacks, the Five Year Plans were largely successful in achieving their goal of modernizing the Soviet Union. By the end of the Second World War, the Soviet Union had become a major industrial power, with a strong military and a growing economy. The legacy of Stalin’s Five Year Plans can still be seen in modern-day Russia, where heavy industry continues to play a major role in the country’s economy.

Overview of Stalin’s Five Year Plans

Stalin’s Five Year Plans were a series of centralized economic plans in the Soviet Union from 1928 to 1932. The main objective of these plans was to rapidly industrialize the country and modernize the economy. The first Five Year Plan focused on heavy industry, such as steel, coal, and machinery production, while subsequent plans emphasized the development of consumer goods and agriculture.

The Five Year Plans were implemented through a series of strict quotas and targets that were set by the government. These targets were often unrealistic and led to a number of negative consequences, including widespread famine, labor shortages, and poor working conditions. However, the plans also led to significant advancements in Soviet industry, particularly in the production of heavy machinery and steel.

The Five Year Plans were accompanied by a number of political changes, including the elimination of private enterprise and the collectivization of agriculture. These policies were often enforced through violent means, such as the forced relocation of peasants and the execution of political dissidents.

Despite the significant human cost of the Five Year Plans, they are often credited with transforming the Soviet Union from an agricultural society into an industrial powerhouse. The plans laid the groundwork for the country’s rapid industrialization during World War II and its subsequent emergence as a superpower during the Cold War.

Key Features of Stalin’s Five Year Plans

The Five Year Plans were a series of centralized economic plans in the Soviet Union, created under the leadership of Joseph Stalin. The first plan was launched in 1928 and the last one ended in 1952. These plans were designed to transform the Soviet Union from an agricultural country into an industrial powerhouse.

The key features of Stalin’s Five Year Plans are:

  • Centralized Planning:  The Soviet government controlled all economic decisions, and the plans were created by a central planning agency. The government set targets for production, and factories were required to meet these targets.
  • Industrialization:  The main goal of the Five Year Plans was to rapidly industrialize the Soviet Union. This was achieved through the construction of new factories, power plants, and transportation infrastructure.
  • Collectivization:  The government forced farmers to give up their private land and join collective farms. This was done to increase agricultural productivity and provide a source of food for the growing urban population.
  • Heavy Industry:  The Five Year Plans focused on the development of heavy industry, such as steel production and machine building. This was seen as essential for the modernization of the Soviet economy.
  • Rapid Growth:  The Soviet Union experienced rapid economic growth during the Five Year Plans, with industrial production increasing by over 250% between 1928 and 1937.

Despite the successes of the Five Year Plans, there were also significant costs. The forced collectivization of agriculture led to widespread famine and the deaths of millions of people. The focus on heavy industry also meant that consumer goods were in short supply, and living standards for ordinary people were often low.

Writing the Essay: Tips and Strategies

When writing an essay about Stalin’s Five Year Plans, it is important to keep in mind the purpose of the essay. The purpose is to analyze and evaluate the effectiveness of the Five Year Plans in achieving their goals, and to provide evidence to support your arguments.

One tip for writing a successful essay is to start with a clear thesis statement. The thesis statement should clearly state your argument and provide a roadmap for the rest of the essay. It should be specific and concise, and should be supported by evidence from primary and secondary sources.

Another strategy for writing a successful essay is to organize your ideas into a logical structure. This can be done by creating an outline or a mind map, which will help you to identify the main points of your argument and how they relate to each other. You can then use this structure to guide the writing process, ensuring that each paragraph and section of the essay contributes to the overall argument.

When writing the essay, it is important to use evidence to support your arguments. This can include statistics, quotes from primary sources, and analysis of secondary sources. It is also important to acknowledge and address counterarguments, as this will demonstrate that you have considered multiple perspectives and have a nuanced understanding of the topic.

Finally, it is important to proofread and edit your essay carefully. This will ensure that the essay is free from errors and is presented in a clear and concise manner. You can also ask a friend or family member to read over your essay and provide feedback, as this can help you to identify areas for improvement and refine your argument.

Sample Outline for an Essay on Stalin’s Five Year Plans

When writing an essay on Stalin’s Five Year Plans, it’s important to have a clear and well-organized outline. This will help you stay focused and ensure that your essay is coherent and easy to follow. Here is a sample outline to get you started:

I. Introduction

  • Brief overview of Stalin’s Five Year Plans
  • Thesis statement

II. Background Information

  • Historical context and political climate in Soviet Union during the time of the Five Year Plans
  • Overview of the economic conditions in the Soviet Union before the implementation of the Five Year Plans

III. Implementation of the Five Year Plans

  • Overview of the first, second, and third Five Year Plans
  • Details on the specific goals and targets of each plan
  • Discussion on the methods used to achieve these goals, including collectivization and industrialization

IV. Impact of the Five Year Plans

  • Economic outcomes of the Five Year Plans, including improvements in industrial production and agricultural output
  • Social impacts of the Five Year Plans, including changes in living standards and working conditions
  • Political implications of the Five Year Plans, including the consolidation of Stalin’s power and the impact on Soviet foreign policy

V. Criticisms of the Five Year Plans

  • Overview of the criticisms leveled against the Five Year Plans, including their impact on the environment and human rights abuses
  • Discussion on the validity of these criticisms and their impact on the legacy of the Five Year Plans

VI. Conclusion

  • Restatement of thesis
  • Summary of key points
  • Final thoughts on the significance of the Five Year Plans in Soviet history

By following this outline, you can ensure that your essay on Stalin’s Five Year Plans is well-structured and informative. Remember to use credible sources and avoid making exaggerated or false claims. Good luck!

Stalin’s Five Year Plans were a significant milestone in the history of the Soviet Union. They were aimed at transforming the country from an agrarian society into an industrialized one. The plans were successful in achieving the desired results, but at a great cost. The human toll was immense, with millions of people dying due to famine and forced labor. The plans were also criticized for their lack of focus on consumer goods and their overemphasis on heavy industry.

Despite the criticisms, the Five Year Plans had a lasting impact on the Soviet Union. They laid the foundation for the country’s industrialization and helped it become a superpower. The plans also set the stage for the country’s involvement in World War II and its eventual victory over Nazi Germany.

Writing an essay on Stalin’s Five Year Plans requires a deep understanding of the historical context and the impact of the plans on the Soviet Union. It is important to present a balanced view of the plans, highlighting both their achievements and their shortcomings. By doing so, the essay can provide a nuanced understanding of one of the most significant events in Soviet history.

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five year plan essay

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  • 20th Century

What Were Stalin’s Five Year Plans?

five year plan essay

Celeste Neill

20 jun 2023.

five year plan essay

On 1 October 1928 Joseph Stalin’s Soviet Russia launched the first Five Year Plan, a series of revolutionary economic reforms which transformed Russia from a peasant society into a power capable of resisting the might of Hitler’s Germany.

Bolshevik leader Vladimir Lenin had died in 1924, and in the ensuing power struggle the Georgian Joseph Stalin came to the fore as the General Secretary and the de facto leader of Soviet Russia. 

What was Stalin’s Five Year Plan?

Between 1928 and 1932, Stalin’s Five Year Plan was targeted at collectivizing agriculture and developing heavy industry. This was the first of four so-called plans, which took place in 1928-32, 1933-37, 1938-42 and 1946-53.

After a period of relative economic liberalism Stalin decided that a wholesale restructuring of the economy was needed, claiming that unless the Soviets caught up with the capitalist western powers they would be destroyed.

Stalin famously stated: ”We are fifty or a hundred years behind the advanced countries. We must make up this gap in ten years. Either we do it or they will crush us.”

five year plan essay

The requisition of grains from wealthy peasants (kulaks) during the forced collectivization in Timashyovsky District, Kuban Soviet Union. 1933. Image credit: Public Domain, via Wikimedia Commons

Image Credit: Credited to U. Druzhelubov. The date of death is impossible to determine therefore PMA is not known., Public domain, via Wikimedia Commons

Mechanisation and collectivisation

Stalin’s first Five Year Plan involved the mechanisation and collectivisation of agriculture in a bid to make it more efficient. It also involved the opening of huge new industrial centres in previously uninhabited areas rich in natural resources, such as Magnitogorsk, built near huge iron and steel reserves east of the Ural Mountains.

Economic activity was pushed in the direction of heavy industries, which lead to a 350 percent increase in output, in a bid to prepare Russia for an industrialised war . The first Five Year Plan also had a revolutionary effect on society, as millions left the farms to pursue new lives in the cities.

The human cost

Despite these successes, Stalin’s Five Year Plan was not an unqualified success. In addition to mechanisation and collectivisation, key features of the first Five Year Plan included the disastrous impact it had on human lives. Aside from the terrible conditions in the new factories, where unskilled workers had little idea of how to operate machines, the collectivisation of agriculture was ruinous.

five year plan essay

Political prisoners eating lunch in the Minlag ‘special camp’ coal mine. In ‘special camps’ prisoners had to wear prison garb with personal numbers. Image credit: Public Domain, via Wikimedia Commons

Image Credit: Kauno IX forto muziejus / Kaunas 9th Fort Museum, Public Domain, via Wikimedia Commons

Millions died in the subsequent famine and peasant disturbances. An entire social class of wealthier peasants – the Kulaks, who had accumulated more land, livestock, or wealth than their fellow peasants — were accused of sabotaging the progress of the Plan. Consequently they were either massacred or imprisoned in Gulags , which were forced labour camps, so that the state could exploit their land for collectivisation.

As many of the deaths were in non-Russian areas such as Ukraine, the Five Year Plan created lasting divisions between Russians and non-Russians.

The policies also played a role in causing the Holodomor, a mass famine in the Ukraine, and Soviet inactivity in response to the catastrophe has lead to a recent re-categorisation of events as a genocide against the Ukrainian people.

World War Two

In World War Two , the tensions caused by the first Five Year Plan proved consequential. Ukrainians, for example, who were subject to its disastrous effects were more willing to collaborate with the Nazis against the USSR.

five year plan essay

The first Five Year Plan actually lasted 4 years, as it supposedly met all of its objectives earlier than expected. On the other hand, this can be ascribed to Russian propaganda efforts. Nevertheless, the first plan and those that followed, which continued the general objectives of the first while also emphasising the production of military hardware , were critical in preparing Russia for an industrialised war.

It seems unlikely that Russia could have resisted Nazi invasion without the immense industrialisation program that had been undertaken in the years prior. However, the vast cost in human life of the Five Year Plans and the invasion of Russia itself remain a dark stain on the history of the 20th century.

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What is a 5 year plan?

The benefits of creating a 5 year plan, how to create a 5 year plan in 6 easy steps, 5 year plan examples.

You may have heard of SMART goal setting (Specific, Measurable, Achievable, Realistic, and Time-bound goals), but have you ever heard of HARD goal setting?

Society has been pushing SMART goals since the early ’80s, but a 2020 study found that people who set SMART goals are much less likely to love their jobs , while people who set HARD goals are 53% more likely to love their jobs. 

But, what are HARD goals? HARD goals are defined as: 

  • Heartfelt 
  • Animated 
  • Required 
  • Difficult 

They are goals for which you have an emotional connection, strong visualization, great urgency, and difficulty. 

While there are laudable aspects of SMART goals, the study shows serious problems regarding the ‘achievable’ and realistic’ aspects of SMART goal-setting. 

Methodologies that emphasize creating difficult goals are far more likely to be successful and generate higher employee engagement.

In this article, we’ll show you how to use HARD goals to make a 5 year plan, as well as show you two 5 year plan examples.

SMART goals vs. HARD goals - 5 year plan

A 5 year plan is a personal and/or professional list of goals that you want to achieve in the next 5 years. 

Oftentimes, 5 year plans include smaller, concrete goals, to help you achieve the larger goals on your list. 

For example, if a long-term goal is to buy a bigger house, then a smaller goal might include setting aside a certain amount of money each month to go toward a deposit on a home loan. 

Or, if one of your long-term goals is to be a certified nurse, then a smaller goal might include finding the best nursing program in your area or applying for a student loan.

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One of the best things about a 5 year plan is that it can significantly motivate you to create the life you want to live. Notice we said “create the life “ not just “achieve the goal.” A 5 year plan that works for you will be more effective if you think of your life holistically — how do you want to feel? What values will you be living? — as you create it. 

Whatever the specific goals you have in mind — whether it’s starting a business, becoming certified or developing expertise, competing in an event, having a child, or taking a big trip — a 5 year plan can help you move from dreaming into doing, wish into a reality. 

Here are some other benefits of creating a 5 year plan:

  • It creates a starting point for a career, start-up idea, or personal goal . If you have a goal without a plan, it may not ever happen. But, if you know you want to be a real estate broker by 2026, you’re in a better position to start the process and take actionable steps to achieve that.
  • It helps you stay focused and aligned with your ambitions, rather than your dreams constantly hanging out in the back seat. 
  • It’s a consistent reminder of what you’re aiming toward, and what you need to do to get there. 

The trick is: keep your plan as visible as possible, make sure it’s what you deeply desire, and make sure your goals are specific, measurable, time-bound, and HARD. 

What should be included in a 5 year plan? 

Grab a pen and a piece of paper. Visualize your life 5 years from now, and write down everything you see without thinking or judging . If any fears, doubts, or negative emotions come up, that’s normal. The key is to ignore them and not attribute any meaning to them.

Brainstorming your 5-year plan

Use the following categories to help you write your complete brainstorm. 

How do you want your nutritional health , mental fitness , physical health , and mental health to look in 5 years?

Are you interested in being vegan? Do you want to lose weight? Do you want to start a yoga practice ? Would you like to regularly meet with a therapist? 

Relationships

Imagine your future professional relationships, friendships, and familial relationships. What do you want them to look like?

Do you want to join a networking group? Are you interested in starting a book club? Do you want to adopt a child? Do you want to take more trips with your partner?

Visualize your financial goals in these buckets: 

  • Bills 
  • Everyday expenses (i.e. groceries) 
  • Flexible spending (i.e. entertainment) 
  • Emergency savings 
  • Goal savings 
  • Investments 

What do you see?

Will you be contributing higher amounts to your 401(k)? Are you planning on saving for higher education? What do you want your emergency savings to look like? Do you want to save for a big trip?

Career/business

What are your career and business aspirations?

Do you picture yourself leading a huge team or an entire corporation? Do you want to be a digital nomad? Are you planning on starting a blog? 

The truth is, the world of business and how people buy and use goods and services is constantly changing — and fast. Don’t get hung up on roles and titles. Especially if you’re early in your career, you will discover career aspirations and opportunities that don’t even exist today. That being said, spend time thinking about what types of activities interest you, what type of environment you enjoy, what type of impact you want to make day-to-day.

If you’re feeling stuck about your career goals, consider:

  • Taking career assessments
  • Making a list of various career paths
  • Finding the overlap between things you like and what companies are hiring for
  • Working with mentors
  • Building your network
  • Creating your own job or business that lines up with your interests
  • Listing your passions, values, skills, and interests, then finding or creating jobs that match some parts of the list

If you’re still unsure about your dream job, don’t worry. Go after jobs you’re interested in, learn from them, and eventually, you’ll come across pursuits you’re excited about. Many people also worry if they don’t have a passion. The reality is that pursuing interests and immersing yourself in the work is a good way to discover and develop passion . It’s also okay if you’re multi-passionate and interested in several jobs. 

Personal/spiritual/religious development

How do you want to grow personally and/or spiritually?

Are you interested in starting a home church? Do you want to work with a life coach or career coach? Do you want to meditate more? Would you like to start a gratitude or prayer practice? Do you want to build resilience ? 

Environment/organization/space/home

How do you picture your future environment?

Are you living in a tropical bungalow in Bali? Are you in a newly decorated and renovated home? Do you have a custom pool in your backyard? Are you living with your family to save money? Are you embracing minimalism?

Recreation/fun

What kinds of hobbies will you have in the future?

Will you be snowboarding every winter and surfing every summer? Are you interested in joining a soccer league? Do you want to take up cooking or art classes? 

Service/contribution

What kind of meaningful contribution would you like to be a part of?

Are you interested in volunteering for a vegetable co-op? Will you be tutoring kids on the weekends? Being a mentor ? Do you want to buy monthly groceries for one of your friends in need until they get back on their feet?

  • Focus your plan
  • Consider potential goals
  • Determine your 'why?'
  • Identify annual goals and create monthly goals
  • Research how to reach your goals
  • Adjust and revisit as needed

Here’s how to use your notes to create your plan:

1. Focus your plan

Take a look at your notes and decide which specific areas to focus on. 

You might decide that you’d rather focus on a few areas, like your health and career, or you might decide that you want to focus on all areas. 

Once you decide, grab a piece of paper for every area you plan to focus on and write the area of growth at the top of each. 

For example, if you decide just to focus on health and money, you’ll write ‘health’ at the top of your first paper and ‘money’ at the top of your second paper. 

2. Consider potential goals

Next, divide each paper into two columns. The left column will be for ‘goals,’ and the right column will be for ‘action steps’ or ‘skills.’ 

Then, decide which goals you want to achieve for each category. Remember that ‘specific’, ‘measurable’, and ‘time-bound’ are positive aspects of SMART goals. That said, the ‘achievable’ and ‘realistic’ aspects of SMART goals can deter you from going after more audacious goals. 

Challenge yourself to leave your comfort zone with HARD goals. 

This doesn’t mean setting goals with no chance of success. But, setting goals with, let’s say, a 50/50 chance of success is difficult and ambitious enough to give you a real sense of accomplishment when you succeed.

For example, on your ‘health’ paper, let’s say you decide to write the following in the ‘goals’ column: 

  • Be more active
  • Increase nutrients 

Then, you might write the following in the ‘action steps’ or ‘skills’ column: 

  • Eat raw and organic fruits and vegetables three times a day 
  • Walk for two hours a day
  • Take a daily multivitamin and add superfoods to morning smoothies 

Next, decide between long-term and short term goals:

How to breakdown your goals - 5 year plan

Review your list of goals. Decide which are better suited for short-term goals and which are better suited for long-term goals. 

For example, you might decide that being a teacher in Peru is a long-term goal while researching places to live in Peru is a short-term goal. You might start outlining your short- and long-term goals with a 30-60-90 day plan . 

3. Determine your ‘why?’

What’s your big ‘why?’ Why do you want to be a Teaching English Foreign Language (TEFL) teacher in Peru? 

Write your reason down and hang it in a place where you’ll see it daily. 

For example, “I want to be a TEFL teacher in Peru, so I can learn Spanish, help students develop their English skills, and fulfill my dream of exploring South America.”

4. Identify annual goals and create monthly goals

First, establish annual goals that will help you reach your 5 year goals. 

For example, if one of your 5 year goals is to adopt a child, then your first annual goal will probably consist of setting interviews with adoption agencies.

Next, break down your annual goals into monthly goals. 

For example, if your annual goal is becoming a TEFL teacher in Peru, your monthly breakdown could look like this:

  • Month 1: Research reputable TEFL programs and set online appointments with TEFL advisors to decide which program you like best
  • Months 2-3: Take your TEFL course, study for exams, and write essays
  • Month 4: Take your final TEFL exam and wait for your certificate 
  • Months 5: Edit your resume and look for a short TEFL internship
  • Month 6: Intern with a TEFL academy and ask for feedback from your mentors
  • Month 7: Create a lesson plan portfolio and start looking for jobs
  • Month 8: Set up job interviews 
  • Month 9-10: Land a job from one of your interviews and buy your plane tickets
  • Month 11: Move to Peru, find a furnished apartment, and get to know your neighborhood
  • Month 12: Start work at your new job as a TEFL teacher 

5. Research how to reach your goals

Next, research the best ways to reach your goals. 

If you plan on moving to Peru, are there some YouTube channels you can check out with tips on how to move? If you plan on creating a start-up, can you meet with some start-up experts that can mentor you? If you plan on learning how to bake macarons, is there a French macaron cookbook you can buy?

6. Adjust and revisit as needed

Life is full of unexpected twists and turns. While the 5 year plan is designed to help you stay focused and persist despite bumps and detours, sometimes the unexpected is you.

As you start working on your goals, you may realize that your interests and passions don't quite align. This is where self-directed learning can help.

Plan for periodic review, reflection, and adjustment as part of life. If your long-range plan still feels right, zoom in to your monthly goals. Decide if your monthly goals are working or if you need to adjust them.

For example, you might find that trying to conduct online interviews with a Peruvian academy is impossible. So you could decide to fly out early to meet directors in person instead. 

You may also decide that creating weekly or even daily goals is essential to hitting your monthly goals.

Revisit and revise your plan as often as needed (at least once a year). You might be surprised at how fast you reach some goals while other goals might take a bit longer than expected.

Here's an example of a 5 year plan for a student interested in being a Certified Public Accountant (CPA):

5 year plan example #1

Here’s a personal 5 year plan example for someone interested in becoming fluent in Spanish:

5 year plan example #2

Creating a 5 year plan is one of the best ways to see your dreams come to life. 

At BetterUp, we love seeing individuals reach their fullest potential and achieve their dreams. Request a demo today to find out more.

Shape your future with a coach

Unlock your potential and achieve your 5-year goals with personalized coaching tailored to your aspirations.

Maggie Wooll, MBA

Maggie Wooll is a researcher, author, and speaker focused on the evolving future of work. Formerly the lead researcher at the Deloitte Center for the Edge, she holds a Bachelor of Science in Education from Princeton University and an MBA from the University of Virginia Darden School of Business. Maggie is passionate about creating better work and greater opportunities for all.

The 3 year plan: Build a roadmap to success

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How to Develop a 5-Year Career Plan

  • Mary McNevin, Ed. D.

five year plan essay

Stop setting annual goals, and start thinking longer term.

Having a long-term plan for your career can help you reduce career-related stress, increase your perceived employability, and allow you to connect more deeply with your purpose. But how do you move beyond yearly career goals and create a five-year plan?

  • Brainstorm. Start by thinking about how you want your career to develop and what you need to do to get there. This requires self-reflection. You’ll need to identify your primary goal, your passions, how your existing skills contribute to both those things, and your areas for improvement.
  • Gather feedback. We’re not aways the best judges of our own capabilities and strengths. That’s why it can be important early in your planning process to gather feedback from your superiors, mentors, and peers. They may help you discover career opportunities you never considered for yourself, clue you into strengths you may be overlooking, and share insights regarding your areas for growth and development.
  • Map it out. After doing some self-reflection and gathering feedback, it’s time to organize the information you’ve collected. Consider keeping track of your plan in PowerPoint. For example, slide 1 should outline the career goals you identified in your self-reflection. Slide 2 should list out the skills you already have and the ones you would need to achieve your ultimate career goals. Slide 3 should highlight the development activities you plan to pursue over the next five years to help you achieve your goals. And slide 4 should present all of the possible obstacles that might prevent you from achieving your goal and how to address those challenges.
  • Iterate. Unlike year-long goal setting, the process of creating a five-year plan is never complete. One way to ensure you’re keeping your plan updated is to set a quarterly calendar reminder. This will help you address any new developments in your life or career and make changes where necessary.

“Where do you see yourself in five years?”

five year plan essay

  • MM Mary McNevin, Ed. D. is an executive coach, talent advisor, and former CLO and talent executive. She is a growth-oriented talent management executive with 20+ years of experience in learning, talent management, succession planning, and strategy development. Dr. McNevin earned her doctorate (EdD) from the University of Pennsylvania through an interdisciplinary program between the Graduate School of Education and the Wharton School of Business. Her dissertation focused on Executive Coaching in the C-suite. Dr. McNevin also holds an MBA from the University of Wisconsin – Madison and an MS in Education from the University of Pennsylvania.

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Writing a 5-Year Plan: Best Tips & Examples to Get You Started

Last Updated: May 28, 2024 Fact Checked

Creating a 5-Year Plan

What is a 5-year plan, benefits of a 5-year plan, sample 5-year plans, expert q&a.

This article was co-authored by Shannon O'Brien, MA, EdM and by wikiHow staff writer, Jennifer Mueller, JD . Shannon O'Brien is the Founder and Principal Advisor of Whole U. (a career and life strategy consultancy based in Boston, MA). Through advising, workshops and e-learning Whole U. empowers people to pursue their life's work and live a balanced, purposeful life. Shannon has been ranked as the #1 Career Coach and #1 Life Coach in Boston, MA by Yelp reviewers. She has been featured on Boston.com, Boldfacers, and the UR Business Network. She received a Master's of Technology, Innovation, & Education from Harvard University. There are 10 references cited in this article, which can be found at the bottom of the page. This article has been fact-checked, ensuring the accuracy of any cited facts and confirming the authority of its sources. This article has been viewed 789,760 times.

If you have ideas for things you want to accomplish in your life, a 5-year plan can help you get to where you want to go. A 5-year plan allows you to plot out specific, concrete steps that will help you create the life you envision—but how do you get started? We talked to life and career coach Shannon O'Brien for tips on how you can get your life on track with a 5-year plan.

Writing an Achievable 5-Year Plan

  • Visualize yourself in 5 years. Note the changes that need to happen to get you there.
  • Find your "why"—the reason you want to accomplish these goals.
  • Learn what resources and knowledge you need to accomplish your goals.
  • Create specific, measurable short-term goals to work toward your larger goals.

Step 1 Visualize where you want to be in 5 years.

  • Think about improvements you might like to see in areas like your health, relationships, career, family, community, religion or spirituality, or hobbies and recreation.
  • For example, if you see yourself as a physically fit person running in a marathon, you might design a health-focused 5-year plan with the goal of getting in shape and starting a regular running training program.
  • If you're working on a career-focused 5-year plan, you might create a fictional résumé for yourself in 5 years. This helps make the goals you set along the path to success more concrete. Just don't submit your fictional résumé for a job opening! [2] X Research source

Step 2 Choose specific areas to focus on.

  • HARD goals are things that you can't imagine life without. If you didn't achieve these things, you would feel as though something was missing in your life. [4] X Research source

Shannon O'Brien, MA, EdM

  • For example, if you want to become more physically fit , your first answer might be so that you feel better about your body. But if you keep digging, you might find that what you're really concerned about is being around and being healthy for your family. Your family is your core value.

Step 4 Create annual goals that will get you to your ultimate 5-year goals.

  • For example, if you have a 5-year goal of running in a marathon, running a 5K wouldn't be a suitable goal for Year 1. There are many Couch-to-5K programs that can be completed in 30 days, so that goal wouldn't be challenging enough.

Step 5 Break down your annual goals into monthly goals.

  • For example, if your 5-year goal is to run a marathon, your short-term goals would likely involve running shorter distances, or running a shorter distance at or under a specific time.
  • Choose goals that are based on your performance, not on the outcome. These are more specific and measurable. For example, rather than setting a goal of being fluent in a language, you might set a goal to learn 10 new words every day. [11] X Research source

Step 6 Research how to reach your monthly goals.

  • For example, if you have a goal related to physical fitness, you might need to buy a gym membership or hire a personal trainer.
  • Some goals might require you to learn things. For example, if one of your goals is to teach English in Venezuela, you might need to learn Spanish first.

Step 7 Write out your plan and keep it somewhere easily accessible.

  • You might hang a copy of your 5-year plan in your bathroom so you can reflect on it while you're getting ready in the morning, or near your desk so you'll see it while you're working.
  • Don't be shy about your 5-year plan—share it with friends and colleagues who can cheer you on, help motivate you to achieve your goals, and hold you accountable.

Step 8 Revisit your plan and revise it as necessary.

  • For example, what if your 5-year plan was to run a marathon, but you're running half-marathons with ease after 1 year of training? It's not going to take you 5 years to get ready for the marathon, so you might revise it to a 2- or 3-year goal.
  • Sometimes you'll also want to revise your plan due to a change in circumstances beyond your control. For example, you'd likely scrap your 5-year plan to pay off your student loans if the federal government announced all student loans were being forgiven.

A 5-year plan organizes your personal or professional life.

  • The most important thing to remember about a 5-year plan is that it's never set in stone. A lot can happen in 5 years, so it could be that everything in your plan will change.
  • The point of the plan is to show a way that you can achieve your goal, even if it ends up not being the way you ultimately get there.
  • Any 5-year plan tends to center around your goals, but goals and plans are two very different things. Your goals are what you want to achieve while your plan is like a roadmap that tells you how you're going to get there. [16] X Research source

Step 1 Motivation

  • Your plan's flexibility also helps motivate you because you aren't as worried about being derailed if you hit a snag. Because you have the big picture in mind, you know you can work through any challenges that come your way.

Step 2 Clarity

  • If your plan includes a goal that other people are involved in, the plan also gives those people clarity on what they need to do to achieve the goal collectively.
  • You don't have to wonder if the next steps you're taking are leading in the right direction because you've already plotted the whole thing out.
  • A clear path also enables you to see how to quickly regroup and get headed toward reaching your goal again if you become sidetracked.

Step 3 Focus

  • The plan also allows you to see the whole path clearly so you can understand how each small step that you make is gradually getting you closer to achieving your goal.

Step 4 Control

  • For example, if you have a 5-year plan to become partner of your firm, you might take on projects that set you apart from your colleagues or actively pursue promotions. This gives you more control than if you just waited for the higher-ups to notice you.

Step 5 Organization

  • When you're plotting out your 5-year plan, you'll naturally think about stumbling blocks that might arise. Then, you can figure out what you'll do to get around them if they do come up.
  • With a 5-year plan, you'll feel like you're on top of things because you have all of the details mapped out. Taking care of the details like this allows you to see the big picture and celebrate all the small accomplishments that eventually lead to major success.

five year plan essay

Shannon O'Brien, MA, EdM

You Might Also Like

Set Goals

  • ↑ https://students.carleton.ca/log/five-year-plan/
  • ↑ https://capd.mit.edu/resources/creating-your-five-year-plan/
  • ↑ https://public.summaries.com/files/samples/hard-goals.pdf
  • ↑ Shannon O'Brien, MA, EdM. Life & Career Coach. Expert Interview. 24 September 2021.
  • ↑ https://www.berkeleywellbeing.com/personal-goals.html
  • ↑ https://www.mindtools.com/a5ykiuq/personal-goal-setting
  • ↑ https://www.psychologytoday.com/ca/blog/the-cross-examined-life/202401/learn-first-plan-later-drafting-a-useful-five-year-plan
  • ↑ https://www.berkeleywellbeing.com/my-10-year-plan.html
  • ↑ https://psycnet.apa.org/record/2010-04488-003
  • ↑ https://www.mindtools.com/blog/whats-the-point-of-business-plannin-benefits-of-a-5-year-business-plan/

About This Article

Shannon O'Brien, MA, EdM

To write a five year plan, come up with some goals that are as specific as possible, which will make them easier to track. For example, instead of saying "I want to be making more money," you could say "I want my salary to increase by 15 percent." Once you've made a list of goals, write out a plan for achieving each one. Also, break your goals up into a series of short-term goals so that you feel like you're accomplishing things along the way. For help choosing goals and working toward achieving them, keep reading! Did this summary help you? Yes No

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Five Year Plan, Essay Example

Pages: 3

Words: 772

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First Semester

  • Skills seminar
  • Information literacy
  • Computer technology
  • Anatomy, physiology
  • Medical terminology

Second Semester

  • Laboratory technique
  • Medical reimbursement
  • Office administratio
  • College math
  • Medical emergency

Third Semester

  • Career development
  • Law and ethics
  • Laboratory techniques
  • Medical billing
  • Clinical office proc.
  • English composition

Fourth Semester

  • Semester psychosocial
  • Microbiology
  • Word processing
  • Art and science elective
  • Medical assisting

In order to successfully job hunt and network it is important to utilize the education that has aided in the personal preparation. I will achieve my desired position in the healthcare field from the knowledge gained from the four semesters outlined above. First semester will cover freshman skills seminar which will briefly outlines the expectations of what we will learn over the course of our education. Information literacy will help in the identification of information and the ability to locate, evaluation, and efficiently utilize what we have learned. The fundamentals of computer technology are important for achieving my job as well. Computers are utilized in every field and having an adequate knowledge of how to use them is important. Anatomy and physiology is learning the functioning of self. This is the self being of action and reaction. The last course of the first semester is medical terminology. This is where I will learn the proper terminologies and meanings of terms used in the medical field.

The second semester I will learn about laboratory techniques. This is important in understanding biological methods. Medical reimbursement will cover the funding and details in securing payment for services. Medical office administration addresses the details in running a medical office. This included the medical terminologies and specifics necessary to successfully run an office. College math will also help with achieving any desired job I pursue; it will also help with life in general. Understanding math is important in business, as the bottom line in any field is typically determined by numbers. Pharmacology is the study of drugs and their effects on the human body. This is the basic understanding of the modes of actions of drugs. Lastly, I will use my knowledge in medical emergency for allied health professionals. This will aid me in addressing any medical emergency that may arise in my professional field.

The third semester will help me achieve my desired career in several areas. The career development seminar covers personal development for my chosen field. It shows the details and benefits of many different avenues. Laws and ethics for healthcare professionals is a vital class for my future. There are many ethical issues that will arise and knowing how to address them is important. The laws are also important to knowing the guidelines of my medical career. Laboratory techniques will help me know the correct way to utilize data and avoid potentially dangerous outcomes. Medical billing will cover the coding and proper procedures for ensuring payment. Clinical office procedures will aid me in understanding the necessities of running an office. I will learn the right and wrong way for implementing office procedures. Lastly, English composition, this is important for any career and life in general. Being able properly articulate in a manner that comes across both professional and educated is something that will be vital in my career search.

The fourth semester will aid in my future job search in many different areas as well. The psychosocial aspects of healthcare address certain areas of illness and disability along with chronic illnesses and rehabilitation. Microbiology for allied health professionals provided an understanding for the principles of immunology and microbiology. This is important for being able to handle infectious disease and the systematic approach for handling it. Word processing is important in business as well. This is used for producing and storing written text and most businesses used some type of Microsoft product for handling business. The art and science elective is good for general knowledge in a liberal arts field. Lastly the medical assistant externship will allow me to gain a hands on experience in my given career field.

I will take several steps to successfully find the job I am looking for. First I will utilize the resources available at the university to find potential openings in my chosen career field. Having an inside recommendation from a school or professor could have a lot of weight in getting an interview. I would also make a list of potential positions from job search engines such as career builder and the local paper. I will then create a cover letter summarizing my experience and education based on the requirements of the job. Once I have my resume and cover letter complete, I will take it to the potential employers. Following up after they have had time to review it will hopefully land me several interviews. I then will have the option to chose which one best suits my future career endeavors.

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  • IAS Preparation
  • UPSC Preparation Strategy
  • IAS Preparation Economy Planning In India

Economic Planning - List of Five Year Plans In India, History & Objectives

The Constitution came into force on 26 January 1950.  Subsequently, Planning Commis­sion was set up on 15 March 1950 and the plan era started from 1 April 1951 with the launch­ing of the First Five Year Plan (1951-56).

List of Five Year Plans in India Download PDF Here

This article will keep you updated on the history and objectives of economic planning in India, Five Year Plan in India and the Planning Commission as well as its successor, the NITI Aayog. You can also download the list of Five Year Plans, its objectives, and assessments in the form of PDF.

CRM IAS Push Noti

UPSC exam aspirants must refer to the information given below related to Economic Planning in India.

UPSC 2023

The topic of the economic planning of India is covered in the general studies section of UPSC and various other competitive exams.

Know the detailed UPSC Syllabus in the linked article. 

Other Related Links:

Economic Planning In India – Five Year Plans

The term economic planning is used to describe the long-term plans of the government of India to develop and coordinate the economy with efficient utilization of resources. Economic planning in India started after independence in the year 1950 when it was deemed necessary for the economic growth and development of the nation.

Long-term objectives of Five Year Plans in India are:

  • High Growth rate to improve the living standard of the residents of India.
  • Economic stability for prosperity.
  • Self-reliant economy.
  • Social justice and reducing the inequalities.
  • Modernization of the economy.

The idea of economic planning for five years was taken from the Soviet Union under the socialist influence of first Prime Minister Pt. Jawahar Lal Nehru.

The first eight five year plans in India emphasised on growing the public sector with huge investments in heavy and basic industries, but since the launch of the Ninth five year plan in 1997, attention has shifted towards making the government a growth facilitator.

An overview of all Five Year Plans implemented in India is highlighted below:

Objectives of Economic Planning in India

The following were the original objectives of economic planning in India:

  • Economic Development: This is the main objective of planning in India. Economic Development of India is measured by the increase in the Gross Domestic Product (GDP) of India and Per Capita Income
  • Increased Levels of Employment: An important aim of economic planning in India is to better utilise the available human resources of the country by increasing employment levels.
  • Self-Sufficiency: India aims to be self-sufficient in major commodities and also increase exports through economic planning. The Indian economy had reached the take-off stage of development during the third five-year plan in 1961-66.
  • Economic Stability: Economic planning in India also aims at stable market conditions in addition to the economic growth of India. This means keeping inflation low while also making sure that deflation in prices does not happen. If the wholesale price index rises very high or very low, structural defects in the economy are created and economic planning aims to avoid this.
  • Social Welfare and Provision of Efficient Social Services: The objectives of all the five year plans as well as plans suggested by the NITI Aayog aim to increase labour welfare, social welfare for all sections of the society. Development of social services in India, such as education, healthcare and emergency services have been part of planning in India.
  • Regional Development: Economic planning in India aims to reduce regional disparities in development. For example, some states like Punjab, Haryana, Gujarat, Maharashtra and Tamil Nadu are relatively well-developed economically while states like Uttar Pradesh, Bihar, Orissa, Assam and Nagaland are economically backward. Others like Karnataka and Andhra Pradesh have uneven development with world-class economic centres in cities and a relatively less developed hinterland. Planning in India aims to study these disparities and suggest strategies to reduce them.
  • Comprehensive and Sustainable Development: The development of all economic sectors such as agriculture, industry, and services is one of the major objectives of economic planning.
  • Reduction in Economic Inequality: Measures to reduce inequality through progressive taxation, employment generation and reservation of jobs have been a central objective of Indian economic planning since independence.
  • Social Justice: This objective of planning is related to all the other objectives and has been a central focus of planning in India. It aims to reduce the population of people living below the poverty line and provide them access to employment and social services.
  • Increased Standard of Living: Increasing the standard of living by increasing the per capita income and equal distribution of income is one of the main aims of India’s economic planning.

History of Economic Planning In India

Economic planning in India dates back to pre-Independence period when leaders of the freedom movement and prominent industrialists and academics got together to discuss the future of India after Independence which was soon to come. Noted civil engineer and administrator M. Visvesvaraya is regarded as a pioneer of economic planning in India. His book “Planned Economy for India” published in 1934 suggested a ten year plan, with an outlay of Rs. 1000 crore and a planned increase of 600% in industrial output per annum based on economic conditions of the time.

The Industrial Policy Statement published just after independence in 1948 recommended setting up of a Planning Commission and following a mixed economic model. Here are the major milestones related to economic planning in India:

  • Setting up of the Planning Commission: 15 March 1950
  • First Five Year Plan: 9 July 1951
  • Dissolution of the Planning Commission: 17 August 2014
  • Setting up of NITI (National Institution for Transforming India) Aayog: 1 January 2015

Setting up the NITI Aayog was a major step away from the command economy structure adopted by India till 1991. The Planning Commission’s top-down model of development had become redundant due to present economic conditions and NITI Aayog approaches economic planning in a consultative manner with input from various state governments and think tanks.

While preparing for the UPSC Exam, Economic Planning should be approached in a systematic manner. The major achievements of economic planning in India remain an important part of the UPSC Syllabus . The strategy of economic planning in India under the Planning Commission as well as the NITI Aayog are important as well. As a rule, IAS aspirants should focus on:

  • Objectives of Economic Planning In India
  • Major Achievements of Economic Planning in India
  • The Planning Commission and Five Year Plans
  • NITI Aayog Action Agenda and Annual Reports
  • Sustainable Development Goals
  • Economic Reforms in India and Various Government Programmes
  • Current Affairs related to all of the topics mentioned above

Solving the previous year’s UPSC Question Papers is a good way to revise the preparation done for this topic as the Indian Economy and issues relating to planning are a permanent fixture of Mains General Studies Paper III. UPSC 2024 may also draw on some aspects of planning done by state governments.

To practice questions on Indian Economy for UPSC Prelims, please check out:

Frequently Asked Question On Economic Planning in India

Q. what is meant by economic planning, q. what is the main aim of economic planning in india, q. when did economic planning started in india, q. what is history of economic planning in india, q. what are the features of economic planning in india.

Few Features of Economic Planning in India are:

  • Definite Objective:
  • Central Planning Authority:
  • Democratic Character:
  • Only an Advisory Role of Planning Commission:
  • Comprehensiveness:
  • Planning for Consumption

Q. Who plays major role in economic planning in India?

Q. who is the father of indian economy, q. who presented the first five year plan in india, q. what are the major failure of economic planning in india, q. how many types of economic planning are there, q. which was the last five year plan in india, q. which plan is called rolling plan, q. who is the father of five years plan.

To learn about the best strategy to be followed that can help in guiding through the exam preparation, candidates can refer to the  IAS toppers list and check out their success stories.

For the latest exam updates, study material and preparation tips, visit BYJU’S.

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five year plan essay

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IMAGES

  1. 40 Useful 5 Year Plan Templates (Personal, Career, Business) ᐅ

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  2. My Five-Year Plan Essay Example

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  3. CreateYour 5 Year Plan in 7 Easy Step! Stop Procrastinating and Begin

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  4. Stalin 5 Year Plan Essay Example

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  5. History A Level: Success of the Stalin's Five Year Plans Essay Plan

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  6. PPT

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  6. Grade 11 Stalin 5 year plan Essay

COMMENTS

  1. Ten 5-Year Plan Examples (For Inspiration)

    A 5-year plan is a strategic outline that sets forth objectives, strategies, and actionable steps intended to be implemented over a five-year period. Its purpose is to achieve long-term goals, and is used by a wide range of people and organizations - from governments to businesses to individuals and couples.

  2. Five-Year Plans

    Five-Year Plans, method of planning economic growth over limited periods, through the use of quotas, used first in the Soviet Union and later in other socialist states.. In the Soviet Union the first Five-Year Plan (1928-32), implemented by Joseph Stalin, concentrated on developing heavy industry and collectivizing agriculture, at the cost of a drastic fall in consumer goods.

  3. Joesph Stalin 5 year plan gr11 History essay

    The second five-year plan (1932 - 1937) also focused on heavy industry, but with the focus on communication and railways. It also focused on energy development and defense. The third five-year plan (1938 - 1941) was interrupted by the Second World War. With war approaching, the USSR started to focus on weapon development.

  4. Stalin's Five Year Plan Essay with Introduction & Conclusion

    The first Five-Year Plan, introduced in 1928, concentrated on the development of iron and steel, machine tools, electric power and transport. Joseph Stalin set the workers high targets. He demanded a 110% increase in coal production, 200% increase in iron production and 335% increase in electric power. Write an essay in which you discuss the ...

  5. How to write an essay about Stalin's Five Year Plans

    The Five Year Plans were a series of centralized economic plans in the Soviet Union, created under the leadership of Joseph Stalin. The first plan was launched in 1928 and the last one ended in 1952. These plans were designed to transform the Soviet Union from an agricultural country into an industrial powerhouse.

  6. What Were Stalin's Five Year Plans?

    Between 1928 and 1932, Stalin's Five Year Plan was targeted at collectivizing agriculture and developing heavy industry. This was the first of four so-called plans, which took place in 1928-32, 1933-37, 1938-42 and 1946-53. After a period of relative economic liberalism Stalin decided that a wholesale restructuring of the economy was needed ...

  7. Five-year plans of the Soviet Union

    The second five-year plan gave heavy industry top priority, putting the Soviet Union not far behind Germany as one of the major steel-producing countries of the world. The city of Magnitogorsk was the 5th largest Steel in 1934. The Stakhanovite movement aimed to further increase iron and steel production with the introduction of 'State Gifts ...

  8. Going somewhere? Write the 5-year plan you need to achieve it

    Months 2-3: Take your TEFL course, study for exams, and write essays. Month 4: Take your final TEFL exam and wait for your certificate. Months 5: Edit your resume and look for a short TEFL internship. Month 6: Intern with a TEFL academy and ask for feedback from your mentors.

  9. First five-year plan

    Propaganda stand dedicated to the first five-year plan in Moscow. 1931 colour photo by Branson DeCou.. The first five-year plan (Russian: I пятилетний план, первая пятилетка) 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.

  10. Stalin's Five-Year Plan

    What was Stalin's 5 year plan? The first Five-Year Plan was a set economic goals for the economy of the Soviet Union implemented in 1928-1932. The plan's goals were the country's industrialization ...

  11. My 5-Year Career Plan: Narrative Essay

    In order to start my journey, I aim to get a higher education. First, I plan to graduate high school with as many scholarships as I can, be in the top ten percentile in my class and have a 4.5 GPA. While going through my last year of high school, I will work part-time to save money while trying to maintain my grades, so they don't drop.

  12. Stalins 5 year plan essays

    Workers faced terrible conditions, and many were displaced by collectivization. Despite poor planning, the first 5-year plan achieved great progress. Industrial cities such as Magnitogorsk were built, and Moscow underground started. In 1932 Stalin announced the first 5-year plan was completed in 4 years. The second 5-year plan was from 1933-1937.

  13. Five -Year Plan Essay

    Five -Year Plan Essay. Good Essays. 1252 Words; 6 Pages; Open Document. Five-Year Career Development Plan MGT/431 March 24, 2011 When developing a good five year career plan I had to ask myself where, I wanted to be in five years. This question would be critical for my future. When I was in school in thought, I knew my career path.

  14. PDF The Five Years Plans of Joseph Stalin

    The Second Five-Year Plan was from 1933 to 1937 The Third Five-Year Plan was from 1938 to 1941 (when it was interrupted by World War II). Each plan created a series of quotas (targets) that had to be met for each industry. As time went on, these targets were raised to a point that they could not be met. However, in many areas of production,

  15. 5 Year Plan Essay

    In addition, the Soviet economy rose to 14% per annum , showing that the first 5 year plan was a success. Get more content on StudyHub Five -Year Plan Essay. Five-Year Career Development Plan MGT/ March 24, 2011 When developing a good five year career plan I had to ask myself where, I wanted to be in five years.

  16. How to Develop a 5-Year Career Plan

    Slide 3 should highlight the development activities you plan to pursue over the next five years to help you achieve your goals. And slide 4 should present all of the possible obstacles that might ...

  17. How to Write a 5 Year Plan You'll Stick to (With Examples)

    Visualize yourself in 5 years. Note the changes that need to happen to get you there. Find your "why"—the reason you want to accomplish these goals. Learn what resources and knowledge you need to accomplish your goals. Create specific, measurable short-term goals to work toward your larger goals.

  18. How to Create a 5-Year Plan (Plus Template and Examples)

    Here are the basic steps you should take to create your five-year plan: 1. Consider what you want for your life. Start by simply evaluating what you want for your life within the next five years. Thoughtfully, and privately, consider what will make you happy in the future and provide you with a feeling of accomplishment.

  19. Stalin Five Year Plan Essay

    The Five-Year Plan (FYPs) were introduced by Joseph Stalin for Soviet industrialisation.The series of FYPs were meant to modernise Soviet industry and to match and overtake the other Western powers who by an industrial revolution had managed to modernise their industries and increase their industrial output. The FYPs were implemented to fulfil ...

  20. Hist.gr11 Stalin's (5)year.Plans essay

    The First Five-Year Plan was from 1929 to 1932 The Second Five-Year Plan was from 1933 to 1937 The Third Five-Year Plan was from 1938 to 1941 (when it was interrupted by World War II). Each plan created a series of quotas (targets) that had to be met for each industry. As time went on, these targets were raised to a point that they could not be ...

  21. Joseph Stalin and First Five-Year Plan Free Essay Example

    8. NEP: New Economic Policy (1921-1929) introduced by Lenin. 9. Pravda: the semiofficial newspaper of the Communist Party. Introduction. In October 1928, Joseph Stalin (1) executed the First Five-Year Plan (piatiletka) in order to strengthen the economy of the Soviet Union and accelerate its rate of industrialization.

  22. Five Year Plan, Essay Example

    Essays.io ️ Five Year Plan, Essay Example from students accepted to Harvard, Stanford, and other elite schools

  23. List of Five Year Plans In India, History & Objectives

    List of Five Year Plans in India [1951-2017] Five Year Plans: Years: Assessment: Objective: First Five year Plan 1951- 1956: Targets and objectives more or less achieved. With an active role of the state in all economic sectors. Five Indian Institutes of Technology (IITs) were started as major technical institutions.