What Are Corn Laws Affecting America's Economy?

Agriculture is defined as the science or practice of farming , including cultivation of the soil for the growing of crops and the rearing of animals to provide food, wool, and other products (Agriculture, 2017). The United Stated is a country that exports food, and Agriculture has become one of the major industries for our country. Corn is the primary U.S. feed grain, accounting for more than 95 percent of total feed grain production and use (Background, 2017); Therefore the restrictions and policies that the government imposes on the import of this product has tremendous influence on the country’s economy, and also in the ability we have to export our goods.

Agriculture is a science that has been growing and progressing with the invention

Even though tariffs keep the volume of imports and exports artificially low, when tariffs go down the cost of buying good and services from abroad fall. We have history as an example of government policies failures such as “Corn Laws” in Britain, in which the government imposed high tariffs on grain production and because of war it hit poor people the hardest because the tariffs made the price of bread was a larger fraction of their incomes than of the incomes of wealthier people. It is nice to have the government as a safety net, but growth and prosperity require markets that are reasonably free both at home and abroad. “U.S. agriculture depends on international trade. More than 20 percent of U.S. farm and food products are exported. Those exports support more than one million U.S. jobs and generate much-needed economic activity across rural America.” (Benefits of Trade, 2017) because our economy depends a lot on the agricultural sector, we need to make sure policies are fair t all ends, and even though we protect our home production, we all need to make sure we keep foreign consumers content, otherwise we would lose a big source of income. “Global trade is the economic engine of U.S agriculture and rural America. Trade helps create markets forU.S farm and food products, support U.S jobs, encourages investment and fosters economic growth” (Benefits of Trade, 2017). The final goal with imports and exports is Globalization, for countries to become more economically integrated with each other, to reach a place where each party to a trade is better off by that trade. We are a world