What was the purpose of the tea act

Question

Ally Watson

Social Studies

5 August, 13:16

What was the purpose of the tea act

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Answers (2)

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Isai · Answer 1

To bail out the floundering East India Company. The British government granted the company a monopoly on the import and sale of tea in the colonies

Beatrice · Answer 2

The act's main purpose was not to raise revenue from the colonies but to bail out the floundering East India Company, a key actor in the British economy. The British government granted the company a monopoly on the importation and sale of tea in the colonies.