The Tea Act was enacted on May 10th, 1773. Funnily enough, it didn't enforce any new taxes. It was passed to help the British East India Company to get back to it’s original financial strength. The company was struggling because of economic and political issues in India.
The Tea Act made the American colonists very angry. The British hoped that this act would not make the colonists mad because the price of tea would actually go down. However the British were wrong. Basically, the act gave the British East India Company a monopoly on all American tea sales. This is what made the American colonists angry and led to the Boston Tea Party.
The Tea Act made the American colonists very angry. The British hoped that this act would not make the colonists mad because the price of tea would actually go down. However the British were wrong. Basically, the act gave the British East India Company a monopoly on all American tea sales. This is what made the American colonists angry and led to the Boston Tea Party.