The act continued the tax on teas and made the east india company the sole legal supplier of tea to the american colonies.
View The Tea Act Have A Monopoly To What Company PNG. The act is what ignited the boston the american colonists were against the tea act because it created a monopoly. A declared monopoly status is achieved subsequent to the above.
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No trolling or shitposts here. Previously, we looked at monopoly profit maximization. The tea act 1773 (13 geo 3 c 44) was an act of the parliament of great britain.
Tea parties were popular at home and soon the ritual of afternoon tea was firmly established.
D.increased the tax on tea imported into the colonies 10._ what else did the 1773 tea act do? This was just the start of government attempts to control, or at least, to profit from the when the east india company was given a monopoly on the tea trade in 1832, they realised the need to cut the time of this journey. Because at tha time it was of great demand in great britain.and that's why in one of the charter act(1813) monopoly over tea was given to them. The british east india company was formed in 1600 and monopolized trade between britain and the far east.
