USA HISTORY

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: -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.

Detailed explanation-3: -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.

Detailed explanation-4: -The financial loss was significant. It’s estimated that the protestors tossed more than 92, 000 pounds of tea into Boston Harbor. That’s enough to fill 18.5 million teabags. The present-day value of the destroyed tea has been estimated at around $1 million.

Detailed explanation-5: -The Boston Tea Party, which occurred on December 16, 1773 and was known to contemporaries as the Destruction of the Tea, was a direct response to British taxation policies in the North American colonies.