Skip to main content

What causes economic bubbles? - Prateek Singh

1,087,364 Views

21,505 Questions Answered

TEDEd Animation

Let’s Begin…

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.

About TED-Ed Animations

TED-Ed Animations feature the words and ideas of educators brought to life by professional animators. Are you an educator or animator interested in creating a TED-Ed Animation? Nominate yourself here »

Meet The Creators

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

More from How Things Work