THE OUTLOOK FOR THE FIVE-YEAR PLAN.

The article focuses on the outlook for the Soviet Five-year Plan, which is an outgrowth of the New Economic Policy (NEP) adopted at Vladimir Ilich Lenin's instigation in March, 1921. The essential aims of the NEP from its inception are the industrialization of Russia and the subjection of the whole national economy to a coherent and unified evolutionary plan. The industrial progress realized under the Five-year Plan is examined, including details related to the burden of industrial expansion on the national budget and the inadequacies of the labor supply, labor efficiency and the quality of output.