Explain some economic effects of the …

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Explain some economic effects of the cooperation movements?

Posted by Pallavi Akkalkot 5 years, 3 months ago

CBSE > Class 10 > Social Science

1 answers

Yogita Ingle 5 years, 3 months ago

Following are 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.

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