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Question
Write a note to explain the effects of the following:
The British government’s decision to abolish the Corn Laws.
Explain
Short/Brief Note
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Solution
- The British government’s decision to abolish the Corn Laws resulted in losses for the agricultural sector, but progress in the industrial sector.
- Food began to be imported more cheaply into Britain, and thousands of workers involved in cultivation became unemployed.
- However, consumption increased, and the industrial sector grew, with more workers being available in cities than in rural areas.
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The Inter-war Economy
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