What is the purpose of the Tea Act?

The act’s main purpose was not to raise revenue from the colonies but to bail out the floundering East India Company, a key actor in the British economy. The British government granted the company a monopoly on the importation and sale of tea in the colonies.

What was the effect of the Tea Act of 1773?

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 imposed by the Townshend Acts and collected in the colonies remained in force. It received the royal assent on May 10, 1773.

What was the Tea Act simple definition?

Tea Act of 1773 was a law made by the Parliament of Great Britain. The law was made to help the East India Company which had massive amounts of tea stored in London which they could not sell. The law would make the company’s tea cheaper than other tea which was being smuggled into Britain’s North American colonies.

Why did colonists hate the Tea Act?

Why did the Tea Act anger colonists? American colonists were outraged over the tea tax. They believed the Tea Act was a tactic to gain colonial support for the tax already enforced. The direct sale of tea by agents of the British East India Company to the American colonies undercut the business of colonial merchants.

What was the purpose of the Tea Act quizlet?

The Tea Act gave Britain’s East India Company a monopoly on tea. Only the East India Company was allowed to sell tea to the colonies. The Tea Act meant that the colonists had to buy their tea from the East India Company. They could either pay the tax on tea or not drink tea at all.

What was the cause and effect of the Tea Act?

Cause: The colonists boycott against British goods had hurt their trade, so the British repealed the Townshend Acts after the Boston Massacre. Parliament only kept the tea tax. Effect: The Sons of Liberty organized a protest against the Tea Act known as the Boston Tea Party.

What was the purpose of the Tea Act of 1773 quizlet?

Why did the colonists object to the Tea Act quizlet?

The colonists opposed the Tea Act because they believed that Parliament did not have the right to tax the tea, and they did not want to be forced to buy it from only one company. What was the Boston Tea Party? On December 16, 1773, three ships carrying British tea lay anchored in Boston Harbor.

Who did the Tea Act affect?

Additionally, under the Tea Act, duties Britain charged on tea shipped to the American colonies would be waived or refunded upon sale. With the passing of the Tea Act, the seventeen million pounds of unsold surplus tea the British East India Company owned could be sold to markets in the American colonies.

What was the Tea Act quizlet?

What was the Tea Act? The Tea Act gave Britain’s East India Company a monopoly on tea. Only the East India Company was allowed to sell tea to the colonies. The Tea Act meant that the colonists had to buy their tea from the East India Company.

What was the purpose of the Tea Act American yawp?

It was passed to help the failing East India Company, colonists resisted paying for the duty even though it was cheaper and paid when the ship unloaded, because they would be admitting that Britain had a right to tax them.

How did the colonists protest the Tea Act?

The Boston Tea Party was a political protest that occurred on December 16, 1773, at Griffin’s Wharf in Boston, Massachusetts. American colonists, frustrated and angry at Britain for imposing “taxation without representation,” dumped 342 chests of tea, imported by the British East India Company into the harbor.

Why did the Tea Act lower price on tea?

The act retained the duty on imported tea at its existing rate, but, since the company was no longer required to pay an additional tax in England, the Tea Act effectively lowered the price of the East India Company’s tea in the colonies. How much did the British tax the colonists on tea? The act granted the EIC a monopoly on the sale of tea that was cheaper than smuggled tea; its hidden purpose was to force the colonists to pay a tax of 3 pennies on every pound of tea.

What was the purpose of the Tea Act?

The organization derives its name from the shared cultural practice of adding milk to tea prevalent across Asia, emphasizing its cross-identity approach to activism.

What was the major objective of the Tea Act?

What was the major objective of the Tea Act of 1773? The Tea Act 1773 (13 Geo 3 c 44) was an Act of the Parliament of Great Britain. The principal objective was to reduce the massive amount of tea held by the financially troubled British East India Company in its London warehouses and to help the struggling company survive.

What caused the Tea Act?

tea act. It’s a well-known fact; tea was a tremendously popular item during the times of the colonists.