Question

What was Nehru's preference regarding India's economic system?

Options

• A socialist outlook, but NOT the Soviet model

• Full adoption of the Soviet model in all respects

• A capitalist outlook based entirely on private ownership

• Complete laissez-faire with no state role

Answer 1

Nehru held a socialist outlook, but he did not want the Soviet model of development. Because the Soviet model abolished private property, Nehru chose not to replicate it, leading India instead toward a mixed economy.