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Stalin's Five-Year Plans, initiated in 1928, aimed to rapidly industrialize the Soviet Union and increase agricultural production through collectivization. The plans led to significant industrial growth, transforming the USSR into a major industrial power; however, they also resulted in widespread hardship, including famine, particularly during the collectivization process. Millions suffered due to forced labor, poor working conditions, and food shortages, culminating in the Great Famine of 1932-1933. Overall, while the plans achieved industrial goals, they had devastating social and human costs.

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