1. Tulip Mania
By: JoJo Ulmen

2. Key Definitions:
Mania: excessive or unreasonable desire, insane passion affecting one or many people
Bubble: speculative scheme that comes to nothing, an impracticable idea or belief
Florin and Guilder: basic units of money in Netherlands during the 17th century
Definitions from: Dictionary.com

3. ‘Zomerschoon’, 1620, relic of Tulipomania.
How did the mania start?
First imported into Europe during the middle of the 16th century
Ideal conditions for optimal growth in Holland
Breaking
Increased popularity
                                                    
‘Zomerschoon’, 1620, relic of Tulipomania.

4. The Mania takes Root
Non-professionals enter into the tulip trade (1634)
Foreign Funds
Affect on prices
Turning point in Autumn of 1635
Promissory notes

5. The Windhandel (wind trade)
Futures market
Formation of “colleges”
Procedure
Two main incentives

6. Pricing Piece goods Pound goods -Semper Augustus: 5500 florins
Admirael Liefken: 4400 florins,
Admiralel van der Eyck: 1260 florins
-aas/azen
-Gheel ende Roote van Leyden: 46 to 515 guilders
-Switser: 60 to 1800 guilders

7. Wild tulip in the Kazakhstan steppe
Physical Characteristics
Broken bulbs: pale, small, and colorful petals
-leaves have a softer green color
Regular bulbs: tall, stiffer petals and stalk,
Viseroij
weight: 410 aas, price 3000,- guilders weight 658 aas,
Wild tulip in the Kazakhstan steppe
catalogue of tulips and a small number of other flowers, published in 1637

8. The Crash Realization Change in desires Haarlem Plan of action
Affects on the people

9. Questions