Tulip Mania
Media Type: TV Clips Topic: The Business Cycle, International Trade & Finance
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This 2-minute commercial describes the Dutch Tulip Bulb Market Bubble, one of the most famous asset bubbles and crashes of all time. At the height of the 17th century bubble, tulips sold for approximately 10,000 guilders, equal to the value of a mansion on the Amsterdam Grand Canal.
Contribution by Charity-Joy Acchiardo (University of Texas)
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