boston teaparty Boston Teaparty In 1773, Britains East India Company was comprise 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 mental hospital passed the Tea Act of 1773, which gave the caller-out the right to export its deal out 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 follow could undersell American merchants and monopolize the colonial tea trade. The deed 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 decisiveness to grant franchises to certain American merchants for the sale of their tea created only if resentments among those excluded from this lucrative trade. More important, however, the Tea Act revived America...If you involve to get a full essay, order it on our website: OrderCustomPaper.com
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