Journal ArticleOPEN ACCESS

A Virus that Caused the First Financial Bubble: “Tulipmania”

  • Basumatary P
  • Hatibarua P
  • Hazowary J
Ecology, Environment and Conservation (2023) 29 224-226
DOI: 10.53550/eec.2023.v29i03s.042
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Abstract

Tulipmania is one of the first financial bubble that recorded in the history where the price of a single rare broken tulips reached to an extravagant price. The mania took place between 1634 and 1637 in Holland. The broken tulips were considered as a luxury and status item during that period. The broken tulips were caused by “Tulip breaking virus” which induced the breaking of flower colour into stripes like pattern.

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Basumatary, P., Hatibarua, P., & Hazowary, J. (2023). A Virus that Caused the First Financial Bubble: “Tulipmania.” Ecology, Environment and Conservation, 29, 224–226. https://doi.org/10.53550/eec.2023.v29i03s.042

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