The correct answer is<span> E. This act substantially lowered the price of tea sold in the colonies.
The tea prices were lowered because the tea act lowered the East India company's taxes, but in doing so it created a monopoly because East India became the only company that could trade tea in the US. This bothered the colonies. </span>
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A. Decline of cotton agriculture in the south
It creates a huge short cut for boats so they do not have to sail all the way around the continent
have a good one:)
baa bye
"... the chief business of the American people is business." he once said.
Coolidge followed a laissez-faire economic policy, whereby the government doesn't interfere in the national economy unless absolutely necessary, and even then its actions should be limited to gentle nudges to get the economy back on track rather than large scale intervention.
So, Coolidge's attitude toward business was 'if it's not broken, don't fix it' - leave business alone to prosper.
