THE ROAD TO REVOLUTION 1700 1774
THE FRENCH AND INDIAN WAR CAUSES EFFECTS SUMMARY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Not to raise revenue from the colonies but to bail out the floundering East India Company, a key actor in the British economy.
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To make the colonists upset.
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To allow Spain to become a partner to the colonies in Triangular Trade.
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To distract the colonists from the Townshend Acts that they all hated.
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Detailed explanation-1: -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.
Detailed explanation-2: -The tea tax was kept in order to maintain Parliament’s right to tax the colonies. The Tea Act was not intended to anger American colonists, instead it was meant to be a bailout policy to get the British East India Company out of debt.
Detailed explanation-3: -But the colonists were angry because the Act would give the East India Company a monopoly on tea sales in the colonies. The colonists became angry again about being taxed without representation. They decided to restart the boycott of tea.
Detailed explanation-4: -On April 27, 1773, the British Parliament passes the Tea Act, a bill designed to save the faltering East India Company from bankruptcy by greatly lowering the tea tax it paid to the British government and, thus, granting it a de facto monopoly on the American tea trade.
Detailed explanation-5: -Why did Britain pass the Tea Act? The Tea Act was supposed to help the East India Company by lowering the price of tea and giving the company a monopoly on selling tea in the colonies.