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why is the state’s policy choices a central role in the development process involving a transformation...

why is the state’s policy choices a central role in the development process involving a transformation from a traditional to an industrial economy?

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Policy of the country is quite important in transforming in economy from the traditional to industrial manner and this is because of the fact that States policy decide actually what measures are to be taken and also the incentives for industrial setup are included in the state policy such as tax exemption employment generation etc and all this collectively get to influence the producers to setup industries if the economic policy isr favouring then with which transformation is possible and in this way State policy please some major role in the development process involving the transformation of an economy.

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