Explain some economic effects of the cooperation movements?

1.	Explain some economic effects of the cooperation movements?
Answer» Following are the economic effects of the non-cooperation movement:•\xa0The economic effects of the non-cooperation movement were very significant. Foreign goods were boycotted, liquor shops were picketed and bonfires were lit of foreign cloth.•\xa0The domestic textile mills and handlooms industry got a shot in the arm since people had begun to prefer Indian clothes over imported ones.•\xa0Merchants and traders abstained from trading in foreign goods or finance foreign trade.•\xa0Between 1921 and 1922, the import of foreign cloth dropped by half and its value also diminished.

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