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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.
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 .
1.1 Tulip Mania. 1.2 Panic of 1907. 1.3 Wall Street Crash of 1929. ... The crash was the greatest single-day loss that Wall Street had ever suffered in continuous ...
Wall Street crash of 1929: 24 – 29 Oct 1929 USA: Lasting over 4 years, the bursting of the speculative bubble in shares led to further selling as people who had borrowed money to buy shares had to cash them in, when their loans were called in. Also called the Great Crash or the Wall Street Crash, leading to the Great Depression. Recession of ...
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 (1637) an economic bubble that burst, ... Wall Street crash of 1929 and Great Depression (1929–1939), one of the worst economic crises in history;
Courtyard of the Amsterdam Stock Exchange (Beurs van Hendrick de Keyser) by Emanuel de Witte, 1653.Historically, early stock market bubbles and crashes have their roots in financial activities of the 17th-century Dutch Republic, the birthplace of the first formal (official) stock exchange and market in history.
Tulip mania; U. United States bear market of 2007–2009; W. Wall Street crash of 1929 This page was last edited on 16 April 2022, at 12:26 (UTC). ...