What was the Corn Law? Why was the Corn Law abolished? What was the result of the abolishing?

The Corn Laws were the laws enforced in Britain between the period 1815 and 1846. These laws were passed to allow the Government to restrict the import of Corn.

1. There was a high demand for food grains due to increasing in population.

2. This necessitated massive import of food grains to meet the demand.

3. It became necessary to restrict the import.

4. Hence, corn laws were passed.

5. Since the import was restricted, there was a hike in the prices.

6. There was a massive pressure from the industrialists and urban dwellers to abolish the corn laws. Hence, the Corn laws were repealed.

7. The abolition of corn laws enabled the increase in the import of food grains which brought down the prices.

8. The agriculturists could not compete with the imports.

9. Hence, vast areas of land remained uncultivated.

10. Many people lost their jobs and migrated to other places.

Thus, the abolition of corn laws brought many changes in the economy.