tulipomania Synonyms
No Synonyms and anytonyms found
tulipomania Meaning
Webster
tulipomania (n.)
A violent passion for the acquisition or cultivation of tulips; -- a word said by Beckman to have been coined by Menage.
tulipomania Sentence Examples
- Tulipomania gripped the Netherlands in the 17th century, leading to a frenzied speculation in tulip bulbs.
- The mania reached its peak in 1637, when a single tulip bulb could be sold for more than 10 times the annual income of a skilled worker.
- The tulipomania bubble burst in 1637, causing a devastating financial crisis in the Netherlands.
- The term "tulipomania" is often used to describe any excessive speculative bubble.
- The financial crisis caused by tulipomania was known as the "Tulip Crash."
- Tulipomania was driven by a combination of factors, including low interest rates, a lack of investment opportunities, and the growing popularity of tulips as a status symbol.
- The Dutch government attempted to regulate the tulip market, but their efforts were largely unsuccessful.
- Tulipomania is a cautionary tale about the dangers of speculative bubbles.
- The term "tulipomania" is still used today to describe periods of excessive speculation in financial markets.
- The history of tulipomania provides valuable lessons about the psychology of crowds and the dangers of investing in assets that are not based on sound fundamentals.
FAQs About the word tulipomania
A violent passion for the acquisition or cultivation of tulips; -- a word said by Beckman to have been coined by Menage.
No synonyms found.
No antonyms found.
Tulipomania gripped the Netherlands in the 17th century, leading to a frenzied speculation in tulip bulbs.
The mania reached its peak in 1637, when a single tulip bulb could be sold for more than 10 times the annual income of a skilled worker.
The tulipomania bubble burst in 1637, causing a devastating financial crisis in the Netherlands.
The term "tulipomania" is often used to describe any excessive speculative bubble.
