Choose the given statement that is true/false:

The British government’s decision to abolish the ‘Corn Laws’ resulted in agricultural sector losses.

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Detailed Solution

The above statement is true.
The British government's decision to abolish the corn laws resulted in agricultural sector losses.
Population growth since the late 18th century has increased the demand for edible grains in the United Kingdom. As urban areas expanded and industries grew, demand for agricultural products increased, and prices of edible grains rose. Under pressure from a group of landowners, the government restricted corn imports. The law that allowed the government to do this was commonly known as the "Corn Laws." The UK government's decision to abolish the Corn Laws has led to the influx of cheaper crops from the United States and Australia. Many British farmers quit their jobs and moved to cities. Some people have gone abroad. This indirectly led to global agriculture and rapid urbanisation, which are prerequisites for industrial growth.

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