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19 June, 15:58

What was the purpose of the tea act

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  1. 19 June, 17:02
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    The act's main purpose was not to raise revenue from the colonies but to bail out the floundering East India Company, a key actor in the British economy. The British government granted the company a monopoly on the importation and sale of tea in the colonies.
  2. 19 June, 17:05
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    To bail out the floundering East India Company. The British government granted the company a monopoly on the import and sale of tea in the colonies
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