Tulip Mania was a period in the Dutch Golden Age during the early 17th century, characterized by a speculative frenzy over tulip bulbs. Tulips, originally imported from the Ottoman Empire, became highly prized for their rarity and beauty, especially unique varieties with vivid colors and patterns. As demand soared, prices skyrocketed, with some bulbs reportedly selling for more than ten times the annual income of a skilled craftsman. The speculative bubble peaked in February 1637 before dramatically collapsing, leading to widespread financial distress among investors. Although often cited as one of the earliest examples of a financial bubble, the actual economic impact of Tulip Mania on the Dutch economy was relatively minor compared to its legendary status in popular culture and economic lore.
Explore the wild ride of Tulip Mania in the Dutch Golden Age and how a flower frenzy shook the economy. #TulipMania #DutchGoldenAge #FinancialHistory #SpeculativeBubble #EconomicFrenzy

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