What was the main reason that Great Britain passed the Tea Act of 1773?
1 Answer
Jun 1, 2017
It gave a monopoy to the East India Company
Explanation:
Great Britain in the aftermath of the Seven Years' War had a tremendous amount of debt to pay back to the shareholders of the Bank of England. After 1764 and the Stamp Act, a series of laws was passed and turned out to be very unpopular. The Tea Act gave a monopoly to the East India Company and strengthened the British Empire. It outraged the colonists, led to the Boston Tea Party which is one of the early manifestations of the oncoming American Revolution.
