Boston Teaparty

boston teaparty Boston Teaparty In 1773, Britains East India Company was constitute on large stocks of tea that it could not sell in England. It was on the verge of bankruptcy. In an effort to save it, the governing body passed the Tea Act of 1773, which gave the caller-out the right to export its escape directly to the colonies without paying any of the regular taxes that were imposed on the compound merchants, who had traditionally served as the middlemen in such trans routineions. With these privileges, the participation could undersell American merchants and monopolize the colonial tea trade. The practice proved inflammatory for several reasons.

First, it angered influential colonial merchants, who feared being replaced and bankrupted by a powerful monopoly. The East India Companys finality to grant franchises to certain American merchants for the sale of their tea created unless resentments among those excluded from this lucrative trade. More important, however, the Tea Act revived America...If you pick up to get a full essay, order it on our website: OrderCustomPaper.com

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