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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.
Short Note
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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