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A MOMENT IN HISTORY

Tulip mania collapses

1637 CE · Netherlands, Europe · Economy

Tulip mania collapses
Image via Wikimedia Commons

Tulip mania 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.

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