Economic bubbles | Baamboozle - Baamboozle | The Most Fun Classroom Games!

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The speaker predicts that in the future, the economy will...

continue to fluctuate and see more economic bubbles occur

The history of 'tulip mania' is useful because ...

it's an example of the rules which create an economic bubble.

At the peak of tulip-mania, a skilled craftman's salary was ... the cost of one tulip bulb. (10 times less than, half, 10 times more than, twice)

ten times less than

An economic bubble bursts when ...

everyone realizes the price is higher than the intrinsic value of the stock

Certain tulips were rarer and considered more beautiful than regular tulips as they had been ... The demand and price for these tulips increased.

affected by a virus

Wealthy citizens of Amsterdam liked to display their wealth by ...

surrounding their houses with flower gardens

During the ... Amsterdam was greatly significant as a port and center of commerce. (1640s, 1650s, 1630s, 1620s)

1630s

Typically, stock prices increase due to...

the perceived future earning potential of a company