Solution

i. Pakistan developed a range of regulated policy frameworks in the late 1950s and early 1960s (for import substitution industrialization). The strategy coupled direct import controls on rival imports with tariff protection for consumer products manufacturers.
ii. The introduction of the Green Revolution paved the way for agricultural mechanization. In the end, it caused a surge in food grain output. The agricultural system was drastically altered as a result.
iii. The nationalization of the capital goods industry happened in the 1970s.
iv. Structural changes were made in 1988. Denationalization and encouraging the private sector were the main focus areas.
v. Pakistan receives remittances from emigrants to the Middle East as well as financial aid from western countries. It assisted in accelerating the nation's economic growth.