Question

The attitude of the Indian merchants and the industrialists towards the Civil Disobedience Movement was give five too short points

Answer 1

1) The industrialists wanted to expand their businesses.

2) They wanted tariff protection and a respectable rupee sterling exchange rate.

3) They formed many chambers of commerce like the FICCI and the IICC.

4) They boycotted foreign goods and refused to trade in them.

5) But, when the CDM was relaunched they were reluctant to participate due to the growing violence and spread of socialism by the congress.

Answer 2

1) during the first world war Indian merchants and industrialists had made huge profits and became powerful

2) they wanted protection against imports of foreign goods and a Rupee-sterling foreign exchange ratio that would discourage import

3) to organise buisness interests they formed the Indian Industrial and Commercial Congress in 1920 and the Federation of Indian Chamber of Commerce and Industries in 1927

4) they gave financial assistance and refused to buy or sell imported goods

5) most buisness men came to see 'Swaraj' as a time when colonial restrictions on business would no longer exist and trade industry would flourish without constraints