History, asked by ayush671, 1 year ago

explain the effect of non cooperation movement on the economic front.

Answers

Answered by Chetan1111111
5
I hope it will help you
Attachments:
Answered by anjali1063
5

Answer:

Following is the economic effects of the non-cooperation movement:

  • The economic effects of the non-cooperation movement were very significant. Foreign goods were boycotted, liquor shops were picketed and bonfires were lit of foreign cloth.
  • The domestic textile mills and handlooms industry got a shot in the arm since people had begun to prefer Indian clothes over imported ones.
  • Merchants and traders abstained from trading in foreign goods or finance foreign trade.
  • Between 1921 and 1922, the import of foreign cloth dropped by half and its value also diminished.
Similar questions