negative aspects of non cooperation movement. in points
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The effects of non -cooperation movement on Indian economy are follows-:
1) these movement had a great impact on the Indian textile. Swadeshi goods got a great impetus.
2)the increase in Swadeshi goods provide a relief to vanishingtextile industry of India. 3)The import of foreign goods halved between 1921 and 1922.
4)Merchant and traders refuse to trade in foreign goods.
The effects of Non-Cooperation Movement on the economic front were immense. They were
(i) Foreign goods were boycotted, liquor shops picketed , and foreign clothes were burnt hugely.
(ii) The import of foreign clothes halved between * 1921 and 1922, its value dropping from 102 crore to 57 crore rupees.
(iii) In many areas, traders and merchants refused to trade in foreign goods and sometimes even they refused to finance foreign trade.
(iv) As the boycott movement spread, people used only Indian clothes and began to discard foreign clothes.
As a result, production of Indian textile mills and handloom went up largely.
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