2. Economy 101
Economists like to make
fun of the tulip” mania”
that gripped the
Netherlands in the 1630”s.
But that is because they
are comparing it by today’s
standards
3. Fit for a King
Turkish Empire
Turkey believed the tulip
to almost an ethereal
flower.
The tulip was bestowed
upon visiting dignitaries
as a gift of honor.
7. • New Wave of Farmers
1630’s
•Lower cost to
produce flowers
•Price decreases
with greater
supply
•New Wave of
buyers…
8. Happiness
I have waited my entire life to own such a treasure!! I will pay any thing
to own that treasure because I will be able to sell it to my rich neighbor
in the spring….and become rich like them!!!