USA HISTORY

THE ROAD TO REVOLUTION 1700 1774

BOSTON MASSACRE DECLARATORY TOWNSHEND ACTS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What company would have received a monopoly as a result of the Tea aCT OF 1773?
A
The Sons of Liberty
B
The West Indies Tea Company
C
The British Tea Corporation
D
The British East India Tea Company
Explanation: 

Detailed explanation-1: -The Tea Act: The Catalyst of the Boston Tea Party . 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.

Detailed explanation-2: -The East India Company was an English company formed for the exploitation of trade with East and Southeast Asia and India. Incorporated by royal charter on December 31, 1600, it was started as a monopolistic trading body so that England could participate in the East Indian spice trade.

Detailed explanation-3: -In an effort to save the troubled enterprise, the British Parliament passed the Tea Act in 1773. The act granted the company the right to ship its tea directly to the colonies without first landing it in England, and to commission agents who would have the sole right to sell tea in the colonies.

Detailed explanation-4: -With the Tea Act, passed by Parliament on May 10, 1773, Great Britain granted the British East India Company a monopoly on tea sold in the Colonies.

Detailed explanation-5: -In 1773, Parliament authorized the Tea Act. Within the Tea Act, Parliament granted the East India company a monopoly (the only business in a specific trade or product) over the American tea trade.

There is 1 question to complete.