tulipomania
- noun
- /ˌtuləˈpōˌmānēə/
- The tulipomania of the 17th century led to outrageous prices for bulbs.
Examples
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During the cryptocurrency boom, some analysts compared the excitement to tulipomania in the 1600s.
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Historians often cite tulipomania as one of the earliest examples of a financial bubble.
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The sudden surge in art prices reminded investors of the dangers of tulipomania.
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During the tulipomania, many people lost their fortunes.
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The 17th-century tulipomania in the Netherlands caused prices for tulip bulbs to skyrocket beyond belief.
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During the height of tulipomania, people speculated wildly on tulip prices, treating them like a hot investment.
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Many historians refer to the tulipomania as one of the earliest examples of a financial bubble in modern history.
Synonyms
A time when prices rise quickly and then fall suddenly
A short period of quick growth or interest
How Enthusiastic
Surface Forms
Morphology
Etymology
The word tulipomania comes from tulip and mania, where mania means 'madness' or 'obsession'. It refers to the 17th-century Dutch craze when tulip bulb prices rose wildly, so today tulipomania describes a sudden, extreme market bubble or public excitement.