Explain any three effect of non cooperation movement on the economy of india
Answers
Answer:
1:Foreign goods were boycotted, liquor shops picketed and foreign cloth burnt in huge bonfire.
(ii) The import of foreign cloth halved between 1921 and 1922, its value dropping from Rs. 102 crore to Rs. 57 crore.
(iii) In many places, merchants and traders refused toTRADE.
(iv) 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.
The three effects of the Non-Cooperation Movement
on the economy of India were:
a. Foreign goods were boycotted, liquor shops were
picketed, foreign clothes were burnt.
b. Import of the foreign clothes reduced by half, the
value of import dropped, merchants and traders
refused the trade of foreign goods.
c. Production of Indian mills and handloom rose.