Answer & Explanation:
One illustrative example is India, after gaining independence from Britain in 1947. The government of India took on a strong role in guiding economic life through a series of Five-Year Plans that aimed to promote development in various sectors of the economy, such as agriculture, industry, and infrastructure. These plans involved heavy state intervention in the economy, including the establishment of state-owned enterprises, import-substitution policies, and regulation of private industrial activity.
Another example is South Korea, which also gained independence from Japan in 1945 after World War II. The South Korean government played a strong role in guiding economic life through a series of economic development plans that aimed to promote growth in industries such as steel, shipbuilding, and electronics. The government provided significant financial support and subsidies to private firms in these sectors, as well as implementing policies such as export promotion and import substitution. This active government intervention in the economy helped to create a strong industrial base and paved the way for South Korea's rapid economic growth and transformation from a poor agricultural nation to a developed industrialized country.