USA HISTORY

THE ROAD TO REVOLUTION 1700 1774

THE BOSTON TEA PARTY INTOLERABLE ACTS FIRST CONTINENTAL CONGRESS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
How much did the boston tea party cost the british?
A
Around £9, 700
B
Around £90, 000
C
Around £600
D
Around £900, 000
Explanation: 

Detailed explanation-1: -The damage the Sons of Liberty caused by destroying 340 chests of tea, in today’s money, was worth more than $1, 700, 000 dollars. The British East India Company reported £9, 659 worth of damage caused by the Boston Tea Party.

Detailed explanation-2: -As the Tea Act allowed the tea to be shipped directly to the colonies the price of tea became 9 pence per pound cheaper even with the 3 pence per pound tax retained from the Townshend Duties.

Detailed explanation-3: -It would still be taxed the three-penny per pound like it had been or the last six years. The British didn’t think the colonists would be upset about the Act since by letting the East India Company not pay taxes, the price of tea would go down.

Detailed explanation-4: -On December 16, 1773, over one hundred American colonists dressed as Native Americans boarded three merchant ships in Boston Harbor and dumped 342 chests of tea (valued at approximately $1.7 million in today’s currency) into the water.

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