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Tulip mania (Dutch: tulpenmanie) was a period during the Dutch Golden Age when contract prices for some bulbs of the recently introduced and fashionable tulip reached extraordinarily high levels. The major acceleration started in 1634 and then dramatically collapsed in February 1637.
Jan Brueghel the Younger's A Satire of Tulip Mania (c. 1640) A card from the South Sea Bubble. The term "bubble", in reference to financial crisis, originated in the 1711–1720 British South Sea Bubble, and originally referred to the companies themselves, and their inflated stock, rather than to the crisis itself.
Tulip mania Bubble: 1637 Dutch Republic: A bubble (1633–37) in the Dutch Republic during which contracts for bulbs of tulips reached extraordinarily high prices, and suddenly collapsed. [1] The Mississippi Bubble: 1720 Kingdom of France
A stock market bubble is a type of economic bubble taking place in stock markets when market participants drive stock prices above their value in relation to some system of stock valuation. Behavioral finance theory attributes stock market bubbles to cognitive biases that lead to groupthink and herd behavior.
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Tulip mania (1637) an economic bubble that burst, though it did not harm the economy of the Dutch Republic. [2] ... Fictitious capital, Intrinsic value, Speculation;
Allegedly, some tulip bulb varieties briefly became the most expensive objects in the world during 1637. [7] Mackay's accounts are enlivened by colorful, comedic anecdotes, such as the Parisian hunchback who supposedly profited by renting out his hump as a writing desk during the height of the mania surrounding the Mississippi Company.