Users' questions

When were the Corn Laws repealed?

When were the Corn Laws repealed?

The repeal of the Corn Laws in 1846 by Britain’s parliament was the signature trade policy event of the 19th century. The repeal led the mid-Victorian move to freer trade by Britain and helped usher in the great expansion of the country’s overseas commerce in the late 19th century.

Why did the government introduce Corn Laws?

Hint: Between 1815 and 1846, the Corn Laws imposed tariffs and other trade restrictions on imported grain and corn in the United Kingdom. They represented British mercantilism and were aimed to keep maize prices high in order to benefit domestic producers.

What was the result of the 1815 Corn Law?

Modifications to the 1815 law came in 1822, 1828, and 1842. In 1828, for example, sliding scales of duties replaced the total ban on grain imports below the set price. As the price of domestic grains went up, the duty paid on foreign grains went down. Overall, the Corn Laws were damaging to consumers.

What was the Corn Law in the 12th century?

Corn Law, in English history, any of the regulations governing the import and export of grain. Records mention the imposition of Corn Laws as early as the 12th century.

When was the repeal of the Corn Laws?

CORN LAWS, REPEAL OF. Regulations on the import and export of grain can be dated in England to as early as the twelfth century, but the best known of the corn laws was passed in 1815, when Parliament had to address the profound economic slump that followed the end of the Napoleonic Wars.

Why was William Huskisson concerned about the Corn Laws?

The manufacturers in particular was concerned that the Corn Laws would result in a demand for higher wages. In 1828 William Huskisson sought to relieve the distress caused by the high price of bread by introducing a sliding scale of duties according to price.