Which type of system did the leaders of independent India decide to adopt?

The correct answer is: A system that would promote the welfare of all rather than a few.

Step-by-Step Explanation:

1. After gaining independence in 1947, the leaders of India faced the critical task of deciding the economic system for the nation.

2. They sought an economic vision that would address widespread poverty, economic inequality, and social disparities.

3. While capitalism focuses heavily on private enterprise and market forces, and extreme socialism places total control in the hands of the government, Indian leaders—most notably Prime Minister Jawaharlal Nehru—favored a socialist pattern of society with a mixed economy framework.

4. The ultimate goal of this approach was to ensure social justice and economic development, prioritizing a system that would promote the welfare of all citizens rather than just a privileged few.