History

Question

Why did the Currency Act anger colonists when it was passed in 1764? It set an unfavorable exchange rate between colonial currency and British pounds. It prohibited colonists from issuing paper money. It prohibited the colonists from possessing British currency. It placed limits on the amounts of new currency that could be minted in the colonies.

2 Answer

  • Time in relations between the colonies in America and the UK government has initiated various problems. These issues constitute the main source of financial and commercial reasons. 17th century. throughout the United Kingdom is growing, growing to meet the economic needs of sa─člayamay─▒nca expenses with taxes collected in the UK was staying back one way. He was also admitted to the colonies in America. But to achieve such a strong income from the colonies get them under control and there was a need for a central authority. In 1764 as the first step to realize this about the colonies 'Sugar Act' was enacted. The United Kingdom, a high customs receipt of the purchase and sale will be made from countries outside the British rule and so on. bringing order to provide income tax laws on the agenda was the empire. In the colonies began to experience dissatisfaction with these laws removed. Money Act, Accommodation Act, Stamp Act, etc. legislation has led to the rapid development of these reactions. For example, due to the granting of a monopoly on the sale of the East India Company tea Boston Americans are taking action in the British ship loaded with tea poured into the sea. 13 colonies opposed the implementation of this law met. Tax the colonies by the laws that can not be put out to Britain's colonies were declared. Merchants in the colonies were cut economic ties with the UK.
  • Answer:

    Time in relations between the colonies in America and the UK government has initiated various problems. These issues constitute the main source of financial and commercial reasons. 17th century.

    Explanation: