What was the tulip financial crash?
The tulip financial crash, also known as Tulip Mania, occurred in the 17th-century Netherlands. It was a historical event where the prices of tulip bulbs escalated rapidly due to speculation, reaching extremely high levels. However, the market eventually collapsed, causing massive economic losses. This crash is often cited as one of the first recorded instances of a market bubble.
Which flower cost once got so high that it triggered a financial crash?
I'm curious about a specific flower that was once so expensive, it actually caused a financial crash. Can you tell me which flower this was?