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Two of these laws are the Sugar Act and the Tea Act. The Sugar Act (1764) was a tax passed by the British to pay for the Seven Years War, called the French and Indian War in America. It taxed sugar and decreased taxes on molasses in British colonies in America and the West Indies. The British Parliament passed the Tea Act in May 1773. It reinforced a tea tax in the American colonies. The act also allowed the British East India Company to have a monopoly on the tea trade there. This meant that the American colonists were not allowed to buy tea from any other source.
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excluding or limiting the military and economic influence of European powers, territorial expansion, and encouraging American commerce.
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the dingo is the largest land predator in Australia
His veto<span> may be over-ridden by a two-thirds vote in each chamber, and permitting ten days to pass without signing an act is considered as acquiescence and it is promulgated by congress.</span><span>
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End of small businesses, firms and corporations
<span>Business is usually at its best during the expansion phase. This is the phase when most businesses prosper. Demand for goods and services grows, unemployment falls as firms hire more workers to meet demand and incomes generally rise. During expansion , there is an economic growth. The expansion phase is however limited. As expansion continues, strong demand begins to drive up prices causing inflation, bank interest rates rise and soon employers begin to retrench to pay off debt and the economy begins to contract.</span>
