The abolition of the Corn Laws in Britain in 1846 had significant economic and social impacts. These laws previously imposed tariffs on imported grain, protecting domestic farmers but increasing food prices for consumers. Their repeal led to a decrease in food prices, benefiting the working class and facilitating greater access to affordable food. However, the abolition also created divisions between agricultural interests and industrialists, who were more aligned with free trade. This shift contributed to the rise of the industrial economy and changing socio-economic structures in Britain, as it diminished the reliance on agriculture and accelerated urbanization and industrialization.