explain any three effects of non cooperation movement on the indian economy
Explain any three effects of non-cooperation movement on the Indian economy
Cevap:
The non-cooperation movement, led by Mahatma Gandhi from 1920 to 1922, had significant effects on the Indian economy:
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Economic Boycott: The movement encouraged Indians to boycott British goods and adopt Swadeshi goods instead. This led to a decrease in the import of British goods, affecting British businesses in India and boosting indigenous industries. The economic boycott had a considerable impact on the revenue generated by British companies operating in India.
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Decline in Revenue: The non-cooperation movement contributed to a decline in revenue collection by the British administration in India. This decrease in revenue collection affected the government’s finances, making it challenging for the British to fund their operations and maintain control over the Indian subcontinent. The financial strain on the British administration was one of the significant economic effects of the non-cooperation movement.
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Rise of Indigenous Industries: As a result of the Swadeshi movement promoted during the non-cooperation movement, indigenous industries experienced a boost. The promotion of Indian goods and handicrafts led to a surge in demand for locally produced items. This rise in demand not only supported Indian artisans and industries but also stimulated economic growth at the local level. The movement paved the way for the development and growth of indigenous industries, laying the foundation for economic self-reliance in India.
Overall, the non-cooperation movement had a profound impact on the Indian economy by promoting self-reliance, boosting indigenous industries, and weakening the economic hold of the British colonial administration.