Describe briefly any three economic effects of Non-Cooperation Movement

Describe briefly any three economic effects of Non-Cooperation Movement.

  • THE effects of Non-Cooperation Movement on the economic front were dramatic.
  • Foreign goods were boycotted.
  • Liquor shops were picketed.
  • Foreign cloth burnt in huge bonfire.
  • The import of foreign cloth halved between 1921 and 1922, its value dropping from ₹ 102 crore to ₹ 57 crore.
  • In many places, merchants and traders refused to trade in foreign goods.
  • People began discarding imported clothes and wearing only Indian ones.
  • Production of Indian textile mills and handlooms went up.