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Influential businessmen like G.D. Birla and Purshottamdas Thakurdas supported ____ at first but later challenged colonial control over the Indian economy.

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Detailed Solution

Influential businessmen like G.D. Birla and Purshottamdas Thakurdas supported the Civil Disobedience Movement at first but later challenged colonial control over the Indian economy. They gave financial support but would not buy or sell imported goods. Most businesspeople viewed the period of Swaraj as one in which colonial restrictions on trade and industry might be abolished, allowing those sectors to grow. But following the Round Table Conference, corporate organisations were no longer overly enthusiastic. They were concerned about the rise of militant acts, the prolonged disruption of commerce, and the acceptance of socialism among the younger members of Congress.

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Influential businessmen like G.D. Birla and Purshottamdas Thakurdas supported ____ at first but later challenged colonial control over the Indian economy.