Economic Event: Tulipmania

During the 17th and 18th centuries, The Dutch East India company left a lasting impact on the world, which greatly changed the course of history and even affected the world we live in today. The Dutch East India Company (VOC; Vereenigde Oost Indische Compagnie), was a global trading company established by the Netherlands in 1602 (Anderson, James 204). The VOC greatly changed the regions they ventured to because it impacted their economies, political background, and culture. One significant impact the VOC had was that they allowed people to buy shares in their company, also known as stocks. Their introduction of stocks to the world

Also that sales of vegetables and fruits went to bankruptcies, also a president did not want anyone to enter their

The 1920’s was known as the time for the stockholder stock prices, since they soared through the roof and reached new levels and created Millionaires overnight. This time period was marked as a large growth with the stock values being high, in 1925 the value of the New York Stock Exchange was approximately $27 billion dollars, and that figure skyrocketed to about $87 billion in just four years. This meant that each average stockholder had tripled their value of stock they were

Railroad companies and investors. It was out of result of wheat prices falling and farmers coming up with a whole new way of farming.

The people in America were taking all of their shares of properties out of the stock market. People would buy different shares of different kind of properties so they would either lose money or make more money they what they bought it for. If the shares went up then they would make more money if they got rid of it. If the shares went down they would loss money then what they bought it for. If they wanted to get out of any of the shares then they would have to go to the stock market and sell it for what it was going for. These are some of the reasons that America was taking their shares out of the stock market.

During the 1910s to 1920s wheat prices raised because World War one was happening so Europe was demanding crops.So many farmers plowed millions of acres of land that then they didn't need.Then in 1931 the wheat prices plummeted and crops began to fail.So all of the land that the farmers had plowed it all went to waste and the soil was all

crops, which meant it was a decrease in the profits for some individuals, or their only option of food and money was gone. The

This is because the depression had costed many farmers their jobs since the drought that had occurred in the parries around 1929 had halted the production of wheat. The farmers could have still made an exceptional living, but the market crash had juristically decreased the wheat price from a high of $1.05 to a mere 35 cents. To summarize, the unemployment reached high levels, prices of products were falling and purchasing power was getting very weak.

The 1920’s were so prosperous for most, people began to spend money just for the sake of spending money. They spent money on things they didn’t need, and often they took risks with their money, usually involving stocks, not even thinking anything could go wrong. During this era, stocks seemed like the a foolproof way to gain money, and many times they were. People thought that buying stock was such a sure way to earn money. They began buying more than they could afford and borrowing money for the payments, known as buying stock on margin. This is a very risky method of earning money, because you were risking that if the stock is worth little, you wouldn’t be able to repay your debts. Also, factories were mass producing products, such as the

The prices of staple goods dropped dramatically from the1860s to the 1890s. The farmers were losing large amounts of money that they desperately needed. The tariff on manufactured goods vexed the farmers because even though their own profits were decreasing, the prices of important manufactured goods were not due to absence of foreign competition. The farmers were further bothered by the domestic marketing system which allowed numerous middlemen to take large shares of the profit of agriculture. There was a shortage of credit, which made it difficult to finance the construction of necessary improvements. The farmers were plagued by numerous natural disasters including tornadoes, floods, and droughts. These conditions, which could destroy property and crops, also provided a difficult environment to grow crops. If the crops could not be grown, the farmer had no means of supporting him and his family. After a boom in the mid-1880s, the population of western farm states increased enormously. This large influx of people contributed to the destruction of open-range cattle raising. A prolonged drought following these boom years devastated the farmers and many soon returned East with no money and low morale. Thus, farmers were dissatisfied with government policy and politicians began to discuss resolutions to their problems. Many farmers began to

The credit economy was not doing well. Farmers were swamped in debt and as the crop prices dropped as low as

It was crucial for nations to adapt to ideas and practices of those who were already excelling in global trade to gain opportunity for success. The Dutch culture was advantageous to incorporate fishing in their culture as a method of adaptation, in response to the growth of the fishing industry during the seventeenth century. Fishing Herring in the North Sea instantly became a trend the Dutch had to take over in order to prosper financially (Brook 12). In addition, tobacco, as Brooks depicts, gained popularity over night allowing cultures to freely experience this new product that gained liking instantaneously (Brook 126). Also, in the far east, China’s porcelain ceramics gained popularity among the upper class in Europe who saw these plates as luxury items (Brook 61). The value of these products were determined solely based on their influence in the cultures and around the globe. Conflicts with whether or not all of these new ideas challenged cultural identity erupted. Individuals believed the outcome of global trade masked the traditions of cultures that were struggling to preserve their heritage. Then consequences appeared about these widely recognized commodities. Health concerns started to abruptly appear from the consistent use of tobacco, famine arose in areas where herring was no longer there, and numerous deaths of sailors on

Central Idea: Flower is important in life as it helps in enormous symbolism, natural remedies for depression and are an integral part of many of life’s ceremonies.

In 1994, the world saw the decline of the Mexican Peso, leading to what is now considered as the Mexican Peso Crisis. The crisis was characterized by the drastic decline in the value of the Mexican Peso. The Mexican Peso Crisis is considered significant because of its impact on other parts of the region, including Brazil. The following is a discussion of the causes and impact of the Mexican Peso Crisis.

However, Color-Tech faced challenges on the market, for example, aggressive competition and declining sales. Moreover, the demand for flowers was very low. As a result, Color-Tech