History of American Business
The Sugar Act, enacted in 1764, was a British law aimed at reducing the massive debt incurred during the French and Indian War by taxing sugar and molasses imported into the American colonies. This act not only aimed to raise revenue but also sought to regulate colonial trade and curb smuggling, reinforcing the British Mercantile System. It was one of the first acts that sparked colonial dissent against British taxation policies, contributing to rising tensions that would eventually lead to revolution.
congrats on reading the definition of Sugar Act. now let's actually learn it.