Question

What was the purpose of the tea act

Answer 1

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.

Answer 2

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