In 1773 Parliament passed a Tea Act designed to aid the financially troubled East India Company by granting it (1) a monopoly on all tea exported to the colonies, (2) an exemption on the export tax, and (3) a “drawback” (refund) on duties owed on certain surplus quantities of tea in its possession.
Sep 12, 2024
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Nov 9, 2009 · The Tea Act of 1773 was an act of Great Britain's Parliament to reduce the amount of tea held by the financially insecure British East India ...
The Tea Act, passed by Parliament on May 10, 1773, granted the British East India Company Tea a monopoly on tea sales in the American colonies.
The British Parliament passed the Tea Act in May 1773 to help the company. This gave the East India Company a tax break on their tea, which made it cheaper than ...
The Act granted the Company the right to directly ship its tea to North America and the right to the duty-free export of tea from Britain, although the tax ...
The Tea Act, passed by Parliament on May 10, 1773, would launch the final spark to the revolutionary movement in Boston. The act was not intended to raise ...
Tea Act. By reducing the tax on imported British tea, this act gave British merchants an unfair advantage in selling their tea in America.
A Tea Act was passed in the spring of 1773 to help the East India Company, which faced financial difficulties, and enabled its control of the trade in tea. To ...
Dec 14, 2023 · The 1773 Boston Tea Party revolt against taxation without representation led to American Revolutionary War, US Constitution and First Census Population Count.