The Tea Act was a law passed by the British Parliament in 1773 that granted the British East India Company a monopoly on tea sales in the American colonies, leading to increased tensions and protests.
Related terms
Boston Tea Party: This was an event in 1773 where colonists disguised as Native Americans dumped British tea into Boston Harbor as a protest against the Tea Act.
British East India Company: A powerful trading company that had control over trade between Britain, India, and other parts of Asia during the colonial period.
Monopoly: A situation where one company or group has exclusive control over a particular industry or product.