05/18/2024
DUTCH TULIP MANIA
In the late 16th century, a botanist named Carolus Clausius introduced the tulip to the Netherlands. He worked at the University of Leiden and brought back tulip bulbs from Vienna, where he previously worked. The Dutch become obsessed with tulips and began cultivating them on a large scale. They start to speculate tulips as a form of investment. This period in Dutch history is known as tulip mania. This will lead to the tulip market crash in mid 17 century, but they are still part of Dutch culture and commerce.