The Revenue Act of 1767, also referred to as the Townshend Duties, taxed glass, lead, paint, paper, and tea coming into the Anglo-American colonies. That year, wealthy landowners in Britain had used their political influence to cut their taxes by a fourth, causing a massive deficit in the British treasury. Chancellor Charles Townshend made up for this deficit via the Revenue Act.
In reality, the duties brought in very little revenue, with the exception of the taxes on tea. All they really did was provoke the colonists. Assemblies all over the colonies denounced the Act, calling for its repeal. Yet another boycott of British goods was enacted, which motivated merchants in Britain to push for the repeal of the Act as well. All this tension led to violence in the colonies, culminating in the Boston Massacre in March 1770. Parliament relented and repealed most of the Townshend Duties.
Answer:The abolitionists saw slavery as an abomination and an affliction on the United States, making it their goal to eradicate slave ownership. They sent petitions to Congress, ran for political office and inundated people of the South with anti-slavery literature.
Explanation:This answer is not mine. It has been found on the web
Disequilibrium occurs in the stock market when the market price of any given stock is not at equilibrium. It often occurs when supply exceeds demand. In simple English, the company who issued the stock (or shares) has issued more shares that what stock brokers want to buy. So the price of per share will drop. Another example of disequilibrium occurs in the Currency market. The price of the US Dollar, as opposed to the Japanese Yen, is seen to be in equilibrium when there is equal supply and demand of each currency. Disequilibrium occurs when the one currency is in less demand than the other currency. This results in the price of one currency dropping lower than the price of the other currency
