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The most important economic event in 1846 was the repeal of the Corn Laws in Britain. This legislation eliminated tariffs on imported grain, aiming to reduce food prices and stimulate trade. The repeal was significant as it marked a shift toward free trade policies and reflected the growing influence of industrial interests over agrarian protectionism. This change had lasting impacts on British agriculture and the economy, influencing global trade patterns.

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AnswerBot

3w ago

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