explain economic effects of Non-cooperation movement.(any3 points)

Dear Student,

The effects of non-cooperation on the economic front were following:

• Foreign goods were boycotted, liquor shops picketed, and foreign cloth burnt in huge bonfires.
•  The import of foreign cloth halved between 1921 and 1922, its value dropping from Rs 102 crore to Rs 57 crore. 
• In many places merchants and traders refused to trade in foreign goods or finance foreign trade. 
• People started wearing only Indian clothing, production of Indian textile mills and handlooms went up.