At the time of independence system of economy appealed to Jawaharlal Nehru the most Fill in the blan...........

Economics (CUET) Development Experience (1950-90)

At the time of independence_______ system of economy appealed to Jawaharlal Nehru the most. ( Fill in the blank with correct option )

Capitalist

Socialist

Mixed economy

open economy

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Master Development Experience (1950-90)

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Explanation:

A socialist economy is a system of production where goods and services are produced directly for use, in contrast to a capitalist economic system, where goods and services are produced to generate profit (and therefore indirectly for use). "Production under socialism would be directly and solely for use.