Answer:
B
Explanation:
The Sugar Act (1764: also called the Revenue Act) actually was the earliest of these acts, was the first attempt to raise money in the colonies The Tea Act was actually not an attempt to raise revenue. In 1773, the British East India Company, due mostly to their own mismanagement, was on the verge of bankruptcy. To bail them out, Parliament passed an act allowing them to import tea directly to America, without paying the duty. Since the colonial merchants had stores of tea, some legal, on which they had paid a duty, but a lot smuggled from the Dutch, this would allow the East India company to sell tea at a lower price than the colonial merchants, including John Hancock, thus undercutting them and perhaps leading to their ruin. Also, the passing of the Tea Act imposed no new taxes on the American colonies. The tax on tea had existed since the passing of the 1767 Townshend Revenue Act. Along with tea, the Townshend Revenue Act also taxed glass, lead, oil, paint, and paper.
