1637.AD #Onthisday in #history – Tulip mania collapses in the United Provinces which was now Netherlands, the sellers couldn’t find any more buyers for the “bulbs Contracts”
Tulipomania Admiral_Verijck_(van_der_Eijck)
Context
Tulip craze was a period of groovy and weird history because of the wide spread of into European culture from east to, west, there was a obsession, in Ottoman society, European culture.
Tulip mania was a period of Dutch golden age which had contracted various prices for the bulb which reached at high levels and then suddenly crashed.
At the height of the Tulip Mania in March 1637, some of the Tulips were sold and generated 10 times the annual income of a skilled craftsman.It was widely considered (economical Bubble.) which lead to a European-chain of debasement of metal content coins to fund warfare, featured mania-like similarities to a bubble.
all images : are from google images commons
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