Tulip mania Period: 1636–37 Place: Netherlands Following its introduction to Europe in the mid-16th century, the brightly colored tulip quickly became a coveted luxury item. Particularly valued were tulips with what is now known as tulip breaking virus, a condition that results in multicolored petals. Speculators entered the market in the mid-1630s, stirring up frenzied exchanges of forward contracts in advance of the tulips’ single-week growing period. Though the bubble...
Tulip mania Period: 1636–37 Place: Netherlands Following its introduction to Europe in the mid-16th century, the brightly colored tulip quickly became a coveted luxury item. Particularly valued were tulips with what is now known as tulip breaking virus, a condition that results in multicolored petals. Speculators entered the market in...
Tulip mania Period: 1636–37 Place: Netherlands Following its introduction to Europe in the mid-16th century, the brightly colored tulip quickly became a coveted luxury item. Particularly valued were tulips with what is now known as tulip breaking virus, a condition...
