Solved

Questions Refer to the Passage Below

Question 13

Multiple Choice

Questions refer to the passage below.
"We do not believe in rigid autarchy (absolute rule) , but we do want to make India as self-sufficient in regards to her needs as far as this is possible. We want to develop international trade, importing articles we cannot easily produce and exporting such articles as the rest of the world wants from us. We do not propose to submit to economic imperialism of any other country or to impose our own on others. We believe that nations of the world can cooperate together in building a world economy which is advantageous for all and in this work we shall gladly cooperate together in building a world economy which is advantageous for all and in the work we shall gladly cooperate. But this economy cannot be based on the individual profit motive, nor can it subsist within the framework of an imperialist system. It means a new world order, both politically and economically, and free nations cooperating together for their own as well as the larger good."
A note to the members of the National Planning Committee (1940) Jawaharlal Nehru
-Nehru asserts that for India to be economically successful:


A) it needs to protect its own industries from foreign competition until they are more fully developed.
B) it must fully integrate into the global free-market capitalist system.
C) it must take the lead in developing an economic system outside of either capitalist or communist influence.
D) a new world economic system must be developed that is based on cooperation rather than individual profits.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents