c) Explain the effect of Boycott' movement on foreign textile trade.'
Answers
Answer:
In 1921,Non cooperation movement started. People started to boycott foreign goods especially the textiles. The value of textile imports fell from Rs 102 crore to Rs 57 crore.The impact on British economy was dramatic.
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Answer:
(i) Fall in imports : Foreign goods were boycotted, liquor shops picketed, and foreign cloth burnt in huge bonfires. The import of foreign cloth halved between 1921 and 1922, its value dropping from Rs. 102 crore to Rs. 57 crore.
(ii) Boycott of Foreign goods : In many places merchants and traders refused to trade in foreign goods or finance foreign trade.
(iii) Boost for Indian industry : As the boycott movement spread, and people began discarding imported clothes and wearing only Indian ones, production of Indian textile mills and handlooms went up.