explain the effects of the Non-cooperation movement on the economic front?
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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.
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Answer:
The effects of non-cooperation on the economic front were more dramatised. Foreign goods were boycotted and eliminated from the markets. ... In a large number of places, merchants, peasants and traders refused completely to trade in foreign goods or finance foreign trade.
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