In Holland in the 1600s the price of tulips rose so much that a single bulb reportedly cost more than a townhouse on Amsterdam's grand canal.

Today we look at the real story behind one of the greatest bubbles in history.

What is a tulip?
Why are things expensive?
Why were tulips so expensive in Holland?
Why were some people in Holland so rich?
How tulips grow
Tulip contracts
The greater fool theory
When the market crashed
What really happened
Have we learned our lesson?
(BONUS) How to not lose all your money in a financial bubble

Full transcript and key vocabulary available on the website www.leonardoenglish.com/podcasts/tulipmania

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Keywords: Learn English, vocabulary, lessons, idioms, aprende inglés, idiomas, aprender inglês, apprendre l'anglais, imparare l’inglese, ingilizce öğren,英語を習う, تعلم الإنجليزية

#43: Tulipmania // When Flowers Cost More Than Houses 22:08 Share

English Learning for Curious Minds

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#43: Tulipmania // When Flowers Cost More Than Houses