The act specifically aimed at reserving a practical monopoly of the American sugar market to British West Indies sugarcane growers, who otherwise could not compete successfully with French and other foreign sugar producers on more-fertile neighbouring West Indian islands.
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What was the reason for the Molasses Act?
Parliament created the act largely at the insistence of large plantation owners in the British West Indies. The Act was passed not to raise revenue but to regulate trade by making British products cheaper than those from the French West Indies. The Act greatly affected the significant colonial molasses trade.
Why was molasses important the colonies?
Molasses was a major trading product in the Americas, being produced by enslaved Africans on sugar plantations on European colonies. The good was a major import for the British North American colonies, which used molasses to produce rum, especially distilleries in New England.
What was the main after effect of the Molasses Act?
British response to the American colonies importing cheaper molasses from France. This act caused smuggling to boom in the colonies.
What was the significance of the Molasses Act of 1733 quizlet?
The purpose of the Molasses Act was to protect British West Indies exports to the American colonies from the more fertile French and Spanish islands of Martinique and Santo Domingo. It was not designed to raise revenue but it was used as a trade barrier.
How did the Molasses Act affect the colonists?
Without molasses, trade with the French West Indies would have completely been disrupted and the colonists would have lost a major market for its exports. If the colonists had less money to spend, they would also stop importing goods from England. However, the act was never really enforced.
Why was the sugar and molasses Act passed?
Sugar Act, also called Plantation Act or Revenue Act, (1764), in U.S. colonial history, British legislation aimed at ending the smuggling trade in sugar and molasses from the French and Dutch West Indies and at providing increased revenues to fund enlarged British Empire responsibilities following the French and Indian
How did the Sugar Act change the Molasses Act?
Enacted on April 5, 1764, to take effect on September 29, the new Sugar Act cut the duty on foreign molasses from 6 to 3 pence per gallon, retained a high duty on foreign refined sugar, and prohibited the importation of all foreign rum.
How long did the Molasses Act last?
five years
The act continued in force for five years and was renewed five times. As the Molasses Act was about to expire, George Grenville, the first lord of the treasury and chancellor of the exchequer, replaced it in 1764 with the Sugar Act.
How are the Tea Act and the Molasses Act similar quizlet?
How are the Tea Act and the Molasses Act similar? They both reduced the price of the item taxes.
What was the purpose of the Sugar Act of 1764 quizlet?
The Sugar Act, put into place by the British government, was enacted on April 5, 1764. The purpose of the act was to tax the importation of molasses from the West Indies, similar to the previous act, but now it was actually going to be enforced by the british navy.
Why did the British raise taxes on colonial trade?
Britain also needed money to pay for its war debts. The King and Parliament believed they had the right to tax the colonies. They decided to require several kinds of taxes from the colonists to help pay for the French and Indian War.
How did the Sugar Act impact the colonies?
The Sugar Act required increased enforcement of smuggling laws. Enforcement was carried out by the Royal Navy and British customs officials. The increase in enforcement reduced smuggling but disrupted local business and made the post-war economic depression in the colonies worse.
How did the Sugar Act impact the economy?
The Sugar Act affected the colonies by making the post-war economic depression worse, especially for rum distillers in New England. Although the Sugar Act lowered the tax on molasses, it restricted the trade of molasses and forced merchants to buy more expensive molasses from plantations in the British West Indies.
Why did the colonists hate the Molasses Act?
The American colonists feared that the act’s effect would be to increase the price of rum manufactured in New England, thus disrupting the region’s exporting capacity.
How did the Molasses Act end?
He set to reduce the tax rate from 6d to 2d per gallon of molasses. The purpose was make traders pay the lower tax instead of smuggling and enforce its collection with the 1763 Hovering Act. The following year the Molasses Act was replaced by the Sugar Act setting the tax at 3d.
Who created the Molasses Act?
The Molasses Act of 1733 was one of a series of acts of the British Parliament meant to control the trade of the North American colonies.
Why did colonists react so strongly against the Tea Act which imposed a small tax and actually lowered the price of tea?
Why did colonists react so strongly against the Tea Act, which imposed a smaller tax and actually lowered the price of tea? The colonists believed that the British ministry was bribing the Americans with the cheaper East India Company’s tea so they would give up their principled opposition to the tea tax.
In what ways would the Tea Act benefit Britain at the expense of the colonists?
This act placed duties on a number of goods imported into the colonies, including tea, glass, paper and paint. The revenue raised by these duties would be used to pay the salaries of royal colonial governors.
What method did the US use to fund most of the cost of the Revolutionary War?
ANSWER: d. printing money. 9. The hyperinflation of the Revolutionary War period was in part caused by the issuance of paper money with a face value in ______ of dollars.
How did the Sugar Act lead to the American Revolution quizlet?
How was this Act the cause of the revolutionary war? This made colonist angry because they now have to pay tax on sugar. They ended up boycotting the British goods.