Do You Want to Embed this Video On Your Website or Blog ? Click Here to Embed our "Player"

What causes economic bubbles? - Prateek Singh

By: TED-EdPublished: 3 years ago

399, 136 views

6, 554 Likes   132 Dislikes

View full lesson: http://ed.ted.com/lessons/what-causes-economic-bubbles-prateek-singh

During the 1600’s, the exotic tulip became a nationwide sensation; some single bulbs even sold for ten times the yearly salary of a skilled craftsman. Suddenly, though, the demand completely plummeted, leaving the tulip market in a depression. What happened? Prateek Singh explains the peak of a business cycle, commonly referred to as a mania.

Lesson by Prateek Singh, animation by Simon Ampel.

Share/Embed

Report form

Related Videos