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What Parliament Act caused the Boston Tea Party?

What Parliament Act caused the Boston Tea Party?

The Tea Act: The Catalyst of the Boston Tea Party. The Tea Act, passed by Parliament on May 10, 1773, granted the British East India Company Tea a monopoly on tea sales in the American colonies.

Why did Parliament pass the Tea Party?

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.

What events led up to the Boston Tea Party what happened at the Boston Tea Party and what was the outcome?

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.

What was the impact of the Boston Tea Party?

As a result of the Boston Tea Party, the British shut down Boston Harbor until all of the 340 chests of British East India Company tea were paid for. This was implemented under the 1774 Intolerable Acts and known as the Boston Port Act.

How much money was wasted in the Boston Tea Party?

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.

What was the significance of the Boston Tea Party?

In essence, the Boston Tea Party — a pivotal event in American history — was an act of American colonial defiance to “taxation without representation.” The American colonists, who were not represented in Parliament, felt Great Britain was unequally and unjustly taxing them for the costs of the French and Indian War .

How did the Tea Act help the colonists?

Essentially, the Tea Act lowered the duty the Company paid on tea to the British government and in doing so gave the Company a monopoly on the American tea trade allowing them to sell directly to the colonists. Thus, East India Tea became the cheapest tea to be imported to the American colonies.

Why did the East India Company stop the Boston Tea Party?

In the cities south of Boston, pressure was brought to bear on the East India Company’s agents and many resigned before the tea ships arrived. In the case of Philadelphia and New York, the tea ships were not allowed to unload and were forced to return to Britain with their cargo.

When did Parliament repeal the Townshend tax on tea?

Acting in opposition to the Townshend Acts, colonial leaders organized boycotts of the taxed goods. With tensions in the colonies rising to a breaking point, Parliament repealed all aspects of the acts, except the tax on tea, in April 1770.