Out of all the economic systems, which of the following appealed the most to the then Prime Minister Pt. Jawaharlal Nehru?

Socialism

Socialism was the one which was liked by the then Prime Minister Pt. Jawaharlal Nehru. It is an economic system where the overall control is in the hands of state. It is based on the idea that control of public on all the goods, leads to more equality in the country. Here, the government has full control over production activities and ownership of land.
Communism states that all the production activities in the country should be owned by a community and the concept of different class should be removed.
Capitalism says that role of private sector should be more important and the demand and supply should be managed by the market forces.
Monarchy is a form of government where a single person is considered to be head of the state and is called Monarch.