Definitions for corn laws
corn laws

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1. Corn Laws

   The Corn Laws were tariffs and other trade restrictions on imported food and corn enforced in the United Kingdom between 1815 and 1846. The word corn in British English denotes all cereal grains, including wheat, oats and barley. They were designed to keep corn prices high to favour domestic producers, and represented British mercantilism. The Corn Laws blocked the import of cheap corn, initially by simply forbidding importation below a set price, and later by imposing steep import duties, making it too expensive to import it from abroad, even when food supplies were short. The House of Commons passed the corn law bill on 10 March 1815, the House of Lords on 20 March and the bill received royal assent on 23 March 1815. The Corn Laws enhanced the profits and political power associated with land ownership. The laws raised food prices and the costs of living for the British public, and hampered the growth of other British economic sectors, such as manufacturing, by reducing the disposable income of the British public.The laws became the focus of opposition from urban groups who had far less political power than rural areas. The first two years of the Great Famine in Ireland of 1845–1852 forced a resolution because of the urgent need for new food supplies. The Prime Minister, Sir Robert Peel, a Conservative, achieved repeal in 1846 with the support of the Whigs in Parliament, overcoming the opposition of most of his own party. Economic historians see the repeal of the Corn Laws as a decisive shift toward free trade in Britain. The repeal of the Corn Laws benefitted the bottom 90% of income earners in the United Kingdom economically, while causing income losses for the top 10% of income earners.

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1. Corn Laws

   The Corn Laws were trade laws designed to protect cereal producers in the United Kingdom of Great Britain and Ireland against competition from less expensive foreign imports between 1815 and 1846. More simply, to ensure that British landowners reaped all the financial profits from farming, the corn laws made it too expensive for anyone to import grain from other countries, even when the people of Great Britain and Ireland needed the food. The laws were introduced by the Importation Act 1815 and repealed by the Importation Act 1846. These laws are often considered as examples of British mercantilism. The economic issue, in essence, was food prices; the price of grain was central to the price of the most important food staple, bread, and the working man spent much of his wages on bread. The political issue was a dispute between landowners and the new class of manufacturers and industrialists: the former desired to maximise their profits from agriculture, by keeping the price at which they could sell their grain high; the latter wished to maximise their profits from manufacture, by reducing the wages they paid to their factory workers—the difficulty being that men could not work in the factories if a factory wage was not enough to feed them and their families; hence, in practice, high grain prices kept factory wages high also.

How to pronounce corn laws?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

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   Fred

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   Tessa

   South African

How to say corn laws in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of corn laws in Chaldean Numerology is: 3

2. Pythagorean Numerology

   The numerical value of corn laws in Pythagorean Numerology is: 6

References

1. ^ Wikipedia
   https://en.wikipedia.org/wiki/Corn_Laws
2. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=corn laws