Evaluate the role of business classes in the Civil Disobedience Movement
Nationalism in India (10)Evaluate the role of business classes in the Civil Disobedience Movement.
Answer
Role of business classes in the Civil Disobedience Movement:
- The business classes reacted against colonial policies that restricted business activities.
- In order to organise business interest they formed the Indian Industrial and Commercial Congress in 1920 and the Federation of the Indian Chamber of Commerce and Industries (FICCI) in 1927.
- They gave financial assistance for the movement.
- They refused to buy and sell imported goods.
- They wanted protection against imports of foreign goods and a rupee -sterling foreign exchange ratio that would discourage imports.
During the First World War, Indian merchants and industrialists had made huge profits and become powerful. Keen on expanding their business, they now reacted against colonial policies that restricted business activities.
Exam Year:
2017
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