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Why did parliament believe it was necessary to pass the tea act?
Parliament believed it was necessary to pass the Tea Act in 1773 to help the struggling British East India Company, which was facing financial difficulties due to surplus tea stocks. The act aimed to reduce tea prices in the American colonies by allowing the company to sell directly to consumers, bypassing colonial merchants. Additionally, it was seen as a way to assert Britain's right to tax the colonies, reinforcing the idea of British authority. However, this move ultimately fueled colonial resentment and contributed to the growing desire for independence.
What date did the Tea Act Pass?
it was in 1773
What people benifited from the tea act?
While the Tea Act passed by Parliament in May, 1773 was one of the major events leading to war with Great Britain, it was not designed to tax the colonies but to bail out the East India Tea Company, a private commercial trading company that was involved in trade with Asia. The company carried out many governmental and military functions in Asia for the Crown. As a reward, it was granted a monopoly of the trade in India. In 1773 the company was on the verge of bankruptcy as a result of mismanagement. It also had 17 million pounds of tea in London warehouses with no prospect of selling the tea. The British government agreed to allow the company exclusive right to sell the tea in the American colonies.
How do you use Sugar Act in a sentence?
In 1764 the British Parliament passed the Sugar Act to help pay for military activities on North America
What British tax remained after Townsend acts were repealed?
What did the Tea Act of 1773 do
What company did Parliament try to help with the act of 1773?
East India Company
What company did parliament try to help with Tea Act of 1773?
East India Company
When was the tea act passed?
Hoping to help the British East Indian company out of it's financial problems, Parliament passed the Tea Act in 1773.
What was passed by parliament in 1773 that excused the east India company from paying tea taxes?
The Tea Act.
Why was an Act of Parliament concerning India passed in Britain in 1773?
The British government was forced to act to try to stop this misgovernment. In 1773 it passed an Act of Parliament which required the East India Company (EIC) to provide good government to stop this anarchy.
Why did parliament pass tea act of 1773?
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What year did the Tea Act passed by the Parliament?
It was passed by Parliament in the year of 1773.
When did parliament make the Tea Act a law?
In May, 1773.
When did the british parliament pass the stamp act acts?
1773
What year was the Tea Act established?
The tea act was passed by the Parliament on May 10, 1773
When were the tea acts passed?
The tea act was passed by Parliament on May 10, 1773.
What was the Tea Act of 1773 intended to do?
Bail out the East India Company.
