What causes economic bubbles? - Prateek Singh
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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.
WatchThink 5 Multiple Choice &
3 Open Answer Questions Dig Deeper Learn More Discuss 1 Guided Discussion &
2 Open Discussions
3 Open Answer Questions Dig Deeper Learn More Discuss 1 Guided Discussion &
2 Open Discussions
Gold, iPads, cell phones, and computers are all items that frequently go up and down in value. What do you think are the two main reasons this frequent change may occur?
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Meet The Creators
- Educator Prateek Singh
- Director Simon Ampel
- Script Editor Charly Simpson
- Narrator Addison Anderson
