ShmoopTube
Where Monty Python meets your 10th grade teacher.
Search Thousands of Shmoop Videos
History/Social Studies Passage Videos 43 videos
How was the Beanie Baby era parallel to the Tulip Bubble? Similar events, only the TulipMania almost bankrupted Holland. Bean Babies only bankrupte...
We need to find solutions for modern problems. The founding fathers of the country had no idea we'd have fake news. We have to adjust to modern lif...
Obama's stance on the nation: We need to reform our economic opportunities. More resources need to be allocated to those at the bottom of the socia...
SAT Reading: Determining the Most Likely Reason for the End of Tulipomania 2 Views
Share It!
Description:
The Tulip Bubble lived on the greed of the masses. As soon as trust in the Bubble faded, the economics of investing in Tulips (really, rolling the dice)... died too.
Transcript
- 00:02
all right Shmoopers were assuming you've read the passage enough times now that
- 00:06
you will hear pretty much as sick of it as we are so let's just get to the [text on screen]
- 00:10
question it says the passage most strongly suggest that so-called tulip
- 00:13
mania ain't it because why well the bubble relied on confidence
- 00:18
people believed prices would rise so they did then when panic hit it hit
Full Transcript
- 00:23
harder than Andre the Giant the text explains it was seen that somebody must [giant man in wrestling ring]
- 00:28
lose fearfully in the end as this conviction spread prices fell and never [text on screen]
- 00:34
rose again and that wasn't like a joke about roses which is also what happens
- 00:38
when you get hit by Andre don't rise again all right well we never found out [men wrestling]
- 00:43
what happened to all the tulips say so that can't be a maybe the garbage dumps
- 00:48
of Holland were really pretty that spring right a lot of people were [tulips thrown in dump]
- 00:52
deported but the passage suggests this happened once the bubble had already [child blowing bubbles]
- 00:56
burst so it's not be in rich merchants and Nobles were affected by the bubble
- 01:01
bursting but there's nothing in the passage to indicate that they were
- 01:04
having problems before the collapse so it ain't see the answer is the tulip
- 01:09
mania ended tragically but at least WrestleMania
- 01:12
soldiers on [men wrestling]
Related Videos
How was the Beanie Baby era parallel to the Tulip Bubble? Similar events, only the TulipMania almost bankrupted Holland. Bean Babies only bankrupte...
How does Thoreau feel about commerce? He writes, "We don't ride upon the railroad; it rides upon us." He wants and end to the war fighting for the...
Contemplating one's life is key to fulfilled happiness. Thoreau's theme revolves around the simple life well lived. He clearly never tried virtual...
Thoreau was all about simplicity; anything that took away from his vision was the enemy. Mechanical aids were one of them. Guess he had to train a...