Effects Of The Tea Act Of 1773

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The British act finally pushed the colonists from protests was the Tea Act of 1773 proposed by Lord North was placed. It began when the East India company almost was in bankruptcy since their tea was barely bought; much of Britain's money was used for the French and Indian War and was not able to help the company get out of their crisis. The Tea Act of 1773 lowered the prices of tea and also added tax to it to the point it created monopoly and it caused colonial merchants to lose money since they were no longer able to sell tea within the colonies anymore. It also allowed the East India Company to be the only one to ship to the colonies which meant that the company was the only way for colonists to get tea from.

In response to the Tea Act