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all right Shmoopers were starting the beginning of tulip mania and beanie baby

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mania kind of together got two passages we're gonna semi analyze together at [text on screen]

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least get asked questions about so we're skimming I'm skimming them skimming them

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and yeah that was really quick all right well let's just go into the questions

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and see where they lead us so here we go first question the passage states that

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the tulip bubble was precipitated by which event all right well tulip mania

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yeah go look it up it's nothing like WrestleMania way less bloody so where [men wrestling]

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are we well we're kind of reading through this passage and thinking about

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tulips and like who would pay a lot of money for one flower and so on you can't [tulip bought with lots of money]

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even eat it doesn't even give you a yeah you know funny feeling so I don't know [man spinning in void]

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strange all right well what's the right answer here well the right answer is a a

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tulip by any other name would be worth a lot less money the beginning of [tulip with a large price tag]

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so-called tulip mania was the opening of the Mart's or markets their opening

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allowed what the author calls stock jobbers to bid on tulip see stock [text on screen]

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jabbers right there you can find it right in the text

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well these speculators began creating fluctuations in the prices for tulip [people discussing]

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sales the kind of manipulated prices spread rumors innuendoes and had

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somebody buy a lot and then sell a lot to fool the common Joe or whatever they [man whispers in ear]

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were named back then in tulip mania like Joseph odd maybe well less savvy

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investors like Josefa were confused by fluctuating prices and didn't know the [Josepha at the market]

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true worth of the tulips while the sale of one rare tulip yes described in the

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graphic occurred at the height of the bubble not its outset so get rid of be [text on screen]

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that one tulip didn't matter similarly the bubble was already growing

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when people began selling their property to enter the market so get rid of seat [woman blowing soap bubbles]

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and boy does that sound like the beginning of the Great Depression stock

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market thing in the US huh those foreign buyers well they only got involved

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because the bubble was already inflating so time matters here yeah get rid of Dee [soap bubble floating]

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so the only one that fits is a the establishment of flower Mart's allowed

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speculators to affect prices and implicitly bring in the average Josefa

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to well be a sucker [Josepha with a large lolly pop]

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