The effects of Non-Cooperation Movement on the economic front were immense. They were:
1. Foreign goods were boycotted, liquor shops were picketed, foreign cloth was burnt in huge bonfires.
2. The value of imported cloth halved between 1921-1922, it's value decreasing from 102k to 57k.
3. In many paces merchants and traders refused to trade in foreign goods or finance foreign trade.
4. People began discarding foreign cloth and wearing Indian ones, the production of Indian hand mills went up.
As a result, production of Indian textile mills and handloom went up largely.