What effect did the Tea Act have on the colonists?
Provisions of the Tea Act
This opened up the British East India Company's markets to the lucrative American colonies. Additionally, under the Tea Act, duties Britain charged on tea shipped to the American colonies would be waived or refunded upon sale.
The Act granted the Company the right to directly ship its tea to North America and the right to the duty-free export of tea from Britain, although the tax imposed by the Townshend Acts and collected in the colonies remained in force. It received the royal assent on May 10, 1773.
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.
In 1773 Parliament passed a Tea Act designed to aid the financially troubled East India Company by granting it (1) a monopoly on all tea exported to the colonies, (2) an exemption on the export tax, and (3) a “drawback” (refund) on duties owed on certain surplus quantities of tea in its possession.
The Boston Tea Party was the first significant act of defiance by American colonists and is a defining event in American history. The implication and impact of the Boston Tea Party were enormous ultimately leading to the start of the American Revolution which began in Massachusetts on April 19, 1775.
The 1773 Act gave the British East India Company a monopoly on British Tea, so it had control over all tea sold in the colonies. Even though the price of tea was lowered, the colonists were angry because they were forced to buy only British East India Company's tea and no longer could buy any tea they wanted.
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.
The 1773 Act gave the British East India Company a monopoly on British Tea, so it had control over all tea sold in the colonies. Even though the price of tea was lowered, the colonists were angry because they were forced to buy only British East India Company's tea and no longer could buy any tea they wanted.
Tea Act. By reducing the tax on imported British tea, this act gave British merchants an unfair advantage in selling their tea in America. American colonists condemned the act, and many planned to boycott tea.
Britain passed this to punish the colonists for throwing a large tea shipment into Boston Harbor. The colonists responded to The Intolerable Acts by boycotting it and going on strike.
What was the result of the Tea Act quizlet?
The Tea Act gave Britain's East India Company a monopoly on tea. Only the East India Company was allowed to sell tea to the colonies. The Tea Act meant that the colonists had to buy their tea from the East India Company. They could either pay the tax on tea or not drink tea at all.