4 years ago

The Tea Act was designed to help which company?

1 answer:

7 0

On this day in 1773, the British Parliament passes the Tea Act, a bill designed to save the faltering East India Company from bankruptcy by greatly lowering the tea tax it paid to the British government and, thus, granting it a de facto monopoly on the American tea trade.

You might be interested in

What happen to the economies of many European nations following world war 1

qaws [65]

The Marshall Plan (officially the European Recovery Program, ERP) was an American initiative to aid Western Europe, in which the United States gave over $12 billion (nearly $100 billion in 2016 US dollars) in economic assistance to help rebuild Western European economies after the end of World War II.

7 0

4 years ago

Which of the following is NOT a demand shifter?

krok68 [10]

Answer:

Hmm.... D.

Explanation:

A demand shifter is a change that shifts the demand curve for a product. One of the demand shifters is buyers' expectations. If a buyer expects the price of a good to go down in the future, they hold off buying it today, so the demand for that good today decreases.

3 0

3 years ago

Read 2 more answers

What postion did supporters of state rights in mississippi hold

Delvig [45]

States should decide the issue of slavery

6 0

2 years ago

Americans needed a __________ to protect its merchant ships, and defend its rights to trade. Without this, many people felt the

denpristay [2]

Navy, trade (second could be multiple things)

4 0