In an attempt to revive its flagging fortunes and avoid bankruptcy, the thus in 1773 the tea act was passed, granting the company's wish, and allowing a duty of 3d per lb to be levied on the exports to america.
View What Led To The Tea Act Images. The objective of the act was to grant the british east india company a monopoly in selling tea to the american colonies. In may of 1773, the tea act was established to solve their problem.
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The boston tea party did not immediately lead to the declaration of independence or the revolutionary war, even though we like to link them as though they happened in. A direct response to british taxation policies and the tea act by the north american colonies. The colonies called the tea act a dead letter leading to its removal from the books in 1861.
Prior to the tea act, colonial merchants purchased tea directly from british markets or smuggled from illegal markets.
What factors led to the 1773 tea act? The desperate attempt drastically reduced the price of their tea in order to attract a lot of buyers and to compete with what happened in boston soon became one of the most notable events that eventually led to the american revolution. The colonists saw taxation as an abuse of power by the british government. Thus, there was really not much british reaction to the tea act, but the act did bring about the boston tea party and there was strong british reaction to that event.
