Describe any four economic effects of the Non-Cooperation Movement

1.	Describe any four economic effects of the Non-Cooperation Movement
Answer» The following was the economic impact of the Non-Cooperation Movement on the economy of India. (a) The factory–manufactured cheap and abundant foreign goods were boycotted, liquor shops were picketed and foreign cloth burnt in huge bonfires. (b) Import of foreign cloth decreased to half causing huge economic loss to the Britishers. (c) The merchants and traders refused to trade in foreign goods or finance foreign trade even though it meant loss of profits to them. (d) As the Non-Cooperation Movement spread, more and more people began to discard, imported clothes and use Indian made clothes. (e) Production of Indian textiles went up which was good for Indian industrialisation and economy.

Answer»

The following was the economic impact of the Non-Cooperation Movement on the economy of India.

(a) The factory–manufactured cheap and abundant foreign goods were boycotted, liquor shops were picketed and foreign cloth burnt in huge bonfires.

(b) Import of foreign cloth decreased to half causing huge economic loss to the Britishers. (c) The merchants and traders refused to trade in foreign goods or finance foreign trade even though it meant loss of profits to them.

(d) As the Non-Cooperation Movement spread, more and more people began to discard, imported clothes and use Indian made clothes.

(e) Production of Indian textiles went up which was good for Indian industrialisation and economy.

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