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British imperialism in late 1800s
British imperialism in late 1800s
Economics during the american revolution
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The tea act of 1773 passed by parliament may 10th, was created to bailout British East India Company of debt. The tea act granted the British India company tea monopoly of tea sales in the American
Before this act the colonist were buying tea from smugglers because it was cheaper that way before the tea act. The tea act made it possible to sell tea at a much lower price. The British got a response that they didn’t think that they were going to get from the colonist. They refused to buy the tea because it would “acknowledge Britain’s right to tax the colonies” (Eric Foner). There were very few colonist that were buying tea from shipping company.
What role caused a significant part in the Revolutionary War? We believe that the Boston Tea Party was a significant part in leading to the Revolutionary War. The cause of the Boston Tea Party happened because colonists did not want to pay tax on British Tea. The cause effected the war, but not as much as the effect affected the war. The effect caused more british hate feelings which made all of the 13 colonies angry.
The main reason that the colonists did this is because their tea, along with many other items, were being unfairly taxed. According to the article, “Taxation without representation” was the Sons of Liberty motto. This means that although they were being taxed by the British, they were not at all represented in the government ruling. The Parliament controlled all parts of the American colonist government.
The purpose of the act is to allow the drawback of duties on the export of tea exported to British colonies in America. The act granted a license to the East India Company to export duty-free tea. Details of the sale of tea to the highest bidder in a public sale are provided, including the requirement that a deposit be made to the East India Company. Penalties and fees to be applied to a forfeited deposit are described. The authority of the commissioner of the British royal treasury is established for granting licenses for the sale and export of tea.
So, Britain figured out another way in which they could impose a tax on the Americans. Thus, the British companies sold their leftover tea to the colonies, but only after imposing a tax on them. The colonist choose to
In efforts to raise money to pay off the large amount of debt caused by the French and Indian War, the British parliament imposed a long string of taxes to make the colonists pay for the expensive colonial war. These imposed taxes are the Sugar Act (1764), Stamp Act (1765), Townsend Acts (1767), and the last straw for the Colonists was the Tea Act (1773). Because of these legislations passed by parliament, with no representation of colonists' wishes and ideas, a covert group of angered colonists, the Sons of Liberty, forcefully boarded British cargo ships dressed as Native Americans and damaged approximately $1760.42 of British teas in protest in today’s economy. The British Soldiers brutally punished the colonists by not allowing any citizen
Before Britain passed the tea act research proves. “In March 1765 Britain passed a law called the stamp act that made every colonist pay for taxes on every piece of printed paper they used”(Carr). The colonist was so mad they would take out stamp act agents and later would be incarcerated. The Englishmen didn 't approve of the tax on tea research shows. “ before the dumping of the tea, there was an act made that when tea entered Boston all tea was taxed 3 pence a pound”(Macaulay).
However, in 1773, the East India Company noticed that there was an overproduction of tea and its prices surely would decline (“The Third Imperial Crisis”). Tea was one of the, if not the, most valuable asset to many members in Parliament. Britain was forced to impose a new Tea tax on the colonists, which was aimed to keep the price of tea high. Even this act was reasonable in the eyes of the British, but to the colonists, this was just a British way of assuring dominance considering it was now for profit rather than to pay off debts. The response to the Tea Acts was the Boston Tea Party of 1773 (“The Third Imperial Crisis”).
The Boston tea party of 1773, to reduce tensions in the colonies, parliament repealed almost all of the Townshend acts. However it kept the tax on tea, British officials knew that the colonial demand for the tea was high despite the boycott . But colonial merchants were smuggling most of this imported tea and paying on duty.. 2 The Townshend act in June 1716 parliament passed the Townshend act.
Even though it was repealed, the British government still needed revenue to pay the debt of the war and would soon tax the colonists again. The Tea Act In 1773, the British government passed another tax. This time tea was taxed. The tax actually made the tea cheaper in the colonies.
The American Revolution was a political upheaval that took place between 1765 and 1783. This was when the United States of America was founded as result of the thirteen American colonies rejecting the British rule. One of the turning points that led to the Revolution was the Boston Tea Party of December 1773. This historical event gave birth to many schools of thought and interpretations in the preceding years. Today, there is still debate on the true cause or the American Revolution or what was the most critical in causing the revolution such as the Whig interpretation and the Progressive interpretation.
A new tea tax was introduced to the American colonies in New England. This action did not prove very popular and led
The Tea Act allowed the British East India Company to sell tea directly to the colonists. The British thought this would bring in more taxes. The ships
and they too were attacked so they had to fire into the mob. Parliament passed the Tea Act, which gave the British East Indians company a complete monopoly of the American tea business meaning the colonists could only buy tea from this company. The colonists opposed this law even though it lowered the price of tea. They viewed the tea Act as merely another example
