The import of ____ halved between 1921 and 1922 and its value declined from 102 crores to 57 crores.

see full answer

Your Exam Success, Personally Taken Care Of

1:1 expert mentors customize learning to your strength and weaknesses – so you score higher in school , IIT JEE and NEET entrance exams.

An Intiative by Sri Chaitanya

(Unlock A.I Detailed Solution for FREE)

Best Courses for You

JEE

NEET

Foundation JEE

Foundation NEET

CBSE

Detailed Solution

The import of Foreign clothes halved between 1921 and 1922, and its value declined from 102 crores to 57 crores.
The Non-Cooperation Movement had a significant impact on the economy. People decided to use only Swadeshi products and stop purchasing foreign goods. Between 1921 and 1922, the import of foreign clothing fell by half, from 102 crores to 57 crores, as people started throwing away their imported clothing. People started wearing only Indian clothing instead of imported clothing, which increased production at Indian textile mills and handlooms. Traders and merchants declined to finance or trade foreign goods in many locations. The production of Indian textile mills and handlooms increased as the boycott movement gained traction, and people started wearing only Indian clothing instead of imported ones.

Watch 3-min video & get full concept clarity