How did the Tea Act impact the colonists?
By allowing the East India Company to sell tea directly in the American colonies, the Tea Act cut out colonial merchants, and the prominent and influential colonial merchants reacted with anger. The Tea Act revived the boycott on tea and inspired direct resistance not seen since the Stamp Act crisis.
Why was the Tea Act important to the American Revolution?
This act eliminated the customs duty on the company’s tea and permitted its direct export to America. Though the company’s tea was still subject to the Townshend tax, dropping the customs duty would allow the East India Company to sell its tea for less than smuggled Dutch tea.
What was the most important cause of the American Revolution?
The American Revolution was principally caused by colonial opposition to British attempts to impose greater control over the colonies and to make them repay the crown for its defense of them during the French and Indian War (1754–63). Learn about the Boston Tea Party, the colonists’ radical response to a tax on tea.
How much money was lost at the Boston Tea Party?
The damage the Sons of Liberty caused by destroying 340 chests of tea, in today’s money, was worth more than $1,700,000 dollars. The British East India Company reported £9,659 worth of damage caused by the Boston Tea Party. According to some modern estimates, the destroyed tea could have brewed cups of tea!
What was the reason for the Boston Tea Party?
The midnight raid, popularly known as the “Boston Tea Party,” was in protest of the British Parliament’s Tea Act of 1773, a bill designed to save the faltering East India Company by greatly lowering its tea tax and granting it a virtual monopoly on the American tea trade.
How many died in the Boston Tea Party?
No one died during the Boston Tea Party. There was no violence and no confrontation between the Patriots, the Tories and the British soldiers garrisoned in Boston. No members of the crews of the Beaver, Dartmouth, or Eleanor were harmed.
What came out of the American Revolution?
The United States took possession of nearly all the territory east of the Mississippi River and south of the Great Lakes, with the British retaining control of northern Canada, and Spain taking Florida. Among the significant results of the Revolution were American independence and friendly economic trade with Britain.