Explain the reaction of business class towards the civil disobedience movement
Answers
Answered by
15
1.Bussiness class wanted protection
against import of foreign goods, and
a rupee-sterling foreign exchange
ratio that would discourage imports.
2.The Federation of the Indian
Chamber of Commerce and
Industries (FICCI) in 1927 led by
Purshottamdas and G.D.Birla attack
colonial control over the Indian
economy when Civil Disobedience
Movement was launched.
3.Most businessman came to see
swaraj as a time when colonial
restrictions on business would no
longer exist.
4.But after the failure of Round Table
Conference, business groups were
no longer confirmly enthusiastic.
5.They were apprehensive of the
spread of militant activities, and
worried about prolonged disruption
of business.
Answered by
7
Answer:
- During the first world war the Indian merchants had made huge profits and had become powerful. Keen on expanding their busuness, they now reacted against colonial policies that restricted busuness activities.
- They wanted protection against imports of foreign goods and a ruppee sterling ratio that would discouraage the imports.
- To organise business interests they formed Indian Industrial and Comercial Congress in 1920 and Federation of Indian chamber of Commerce and industries in 1927.
- Led by prominent industrialists such as Purshottam Das Thakurdar and GD Birla
- They gave financial assistance and refused to buy or sell imported goods.
- Most businessmen came to see swaraj as a time when colonial restictions on bussiness would no longer exist and trade and industries would flourish without constraints.
- After the failure of the round table conference the business class were no longer enthusiasti.
- They were apprehensive of the wide spread militant activities and worried aboutprolonged disruption of business, as well as the growing influence of socialism on the younger members of the Congress.
Explanation:
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