What economic possibility did traders and industrialists see in the boycott of foreign cloth?
Answer and explanation
Correct answer: The expansion of indigenous goods and Indian trade
The governing concept is the market effect of a boycott. When consumers reduced purchases of foreign cloth, demand could shift toward Indian textiles and other indigenous goods. Traders and industrialists therefore saw an opportunity to enlarge Indian markets and production while supporting swadeshi. A is correct. B and C favour imports, while D is a land-related claim unrelated to the economic opportunity described.
Frequently asked questions
What is the correct answer to this question?
The expansion of indigenous goods and Indian trade
Why is this the correct answer?
The governing concept is the market effect of a boycott. When consumers reduced purchases of foreign cloth, demand could shift toward Indian textiles and other indigenous goods. Traders and industrialists therefore saw an opportunity to enlarge Indian markets and production while supporting swadeshi. A is correct. B and C favour imports, while D is a land-related claim unrelated to the economic opportunity described.
Which subject and chapter does this question cover?
This is a Class 10 Social Science question. Chapter: Chapter 2: Nationalism in India. Topic: The First World War, Khilafat, and Non-Cooperation.
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