Tulip Mania in 17th-Century Holland
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Questions and Answers

Tulip Mania took place in 18th-century Holland.

False

In the beginning, tulips were introduced into Europe from France.

False

A single bulb of a new tulip variety was once exchanged for a brewery in France.

True

Before 1633, Holland's tulip trade was open to everyone, not just professional growers and experts.

<p>False</p> Signup and view all the answers

The collapse of the tulip market happened due to doubts about a continuous increase in prices.

<p>True</p> Signup and view all the answers

During Tulip Mania, a single bulb of a new variety was used as dowry for a bride.

<p>True</p> Signup and view all the answers

Homes, estates, and industries were mortgaged by many families in Holland to invest in tulip bulbs.

<p>True</p> Signup and view all the answers

The tulip market crash occurred in 1637 because prices were expected to keep rising.

<p>False</p> Signup and view all the answers

Rare varieties of tulip bulbs were sold for the equivalent of thousands of dollars each during Tulip Mania.

<p>False</p> Signup and view all the answers

The tulip frenzy in northern Europe lasted from 1633 to 1637.

<p>True</p> Signup and view all the answers

The tulip market before 1633 in Holland was only accessible to professional growers and experts.

<p>False</p> Signup and view all the answers

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