Why did parliament offer the east india company a monopoly on the tea trade in the colonies?


What was the name of the company that had a trading monopoly with the colonies on tea?

floundering East India Company

Why did the colonists not like the Tea Act?

Many colonists opposed the Act, not so much because it rescued the East India Company, but more because it seemed to validate the Townshend Tax on tea. … These interests combined forces, citing the taxes and the Company’s monopoly status as reasons to oppose the Act.

How did the other colonies react to the Boston Tea Party?

The British response to the Boston Tea Party was to impose even more stringent policies on the Massachusetts colony. The Coercive Acts levied fines for the destroyed tea, sent British troops to Boston, and rewrote the colonial charter of Massachusetts, giving broadly expanded powers to the royally appointed governor.

What did the British government and the East India Company agree on in a deal made in the early 1700s?

In the early 1700s, the British government made a special deal with the East India Company, an English organization doing trade in the East Indies. They agreed that no other company was allowed to sell tea in Britain or its colonies.

How much did tea cost in 1773?

The colonists could purchase tea from the Dutch for 2 shillings 2 pence a pound and then smuggle it into the colonies for only 3 shillings per pound of tea. Purchased from the British, the same tea would cost merchants 4 shillings 1 pence after all the duties.

When did Parliament pass the Tea Act colonists?

April 27, 1773

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Why did America leave England?

That war, which had been fought in North America, left Great Britain with a huge debt that had to be paid. … They believed that England had fought the expensive war mostly to strengthen its empire and increase its wealth, not to benefit its American subjects.

What were the main reasons the colonists wanted to break free from Britain?

Historians say the main reason the colonists were angry was because Britain had rejected the idea of ‘no taxation without representation’. Almost no colonist wanted to be independent of Britain at that time. Yet all of them valued their rights as British citizens and the idea of local self-rule.

How did the British violate the colonists natural rights?

Britain also needed money to pay for its war debts. The King and Parliament believed they had the right to tax the colonies. … They protested, saying that these taxes violated their rights as British citizens. The colonists started to resist by boycotting, or not buying, British goods.

Did the Boston Tea Party pollute the water?

Tea leaves need to be inserted into hot water in for the leaves to draw into the water and become tea. … While the colonists did destroy a massive amount of tea ( about 92,000 pounds ) from the British East India company, there were no known repercussions in the harbor for the tea’s destruction.

How did the Boston Tea Party affect the economy?

The British East India Company lost the value of 90,000 pounds of tea that were dumped into Boston’s harbor. When Great Britain responded to the Tea Party by closing the port of Boston, this hurt colonial merchants as well because now they could not export any goods so long as the port stayed closed.

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Why did the colonists dress as Mohawks during the Boston Tea Party?

In an effort to hide their true identities, many of the Sons of Liberty attempted to pass themselves off as Mohawk Indians because if caught for their actions they would have faced severe punishment. Reports from the time describe the participants as dressed as Mohawks or Narragansett Indians.

How much was the British tea tax?

The act granted the EIC a monopoly on the sale of tea that was cheaper than smuggled tea; its hidden purpose was to force the colonists to pay a tax of 3 pennies on every pound of tea. The Tea Act thus retained the three pence Townshend duty on tea imported to the colonies.

Why did they dump the tea?

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. The event was the first major act of defiance to British rule over the colonists.

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