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What causes economic bubbles? - Prateek Singh

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22,103 Questions Answered

TEDEd Animation

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During the 1600’s, the exotic tulip became a nationwide sensation; some single bulbs even sold for ten times the yearly salary of a skilled craftsman. Suddenly, though, the demand completely plummeted, leaving the tulip market in a depression. What happened? Prateek Singh explains the peak of a business cycle, commonly referred to as a mania.

The 'Dutch Golden Age' was in which century?

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Meet The Creators

  • Educator Prateek Singh
  • Director Simon Ampel
  • Script Editor Charly Simpson
  • Narrator Addison Anderson

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