Question

Explain how did the abolition of corn laws in britain lead to the emergence of global agricultural economy?

Answer 1

(i) With the scrapping of the Corn Laws, Britain began to import foodgrains from rest of the world. These products were relatively cheaper than the prices of the British produced goods and foodgrains.

(ii) Britain was forced to import foodgrains from Eastern Europe, America, and Australia.

(iii) There were complex changes in labor movement patterns, capital flow, ecology, and technology.

(iv) Crops were not grown by a peasant tilling his own land, but by an agricultural worker.

(v) Food came from thousands of miles away.

(vi) Now food and other essential commodities were transported by railways and by ships manned by low paid workers from southern Europe, Asia, Africa

and the Caribbean.