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History/Social Studies Passage Videos 43 videos
How was the Beanie Baby era parallel to the Tulip Bubble? Similar events, only the TulipMania almost bankrupted Holland. Bean Babies only bankrupte...
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SAT Reading: Analyzing How the Reference to Tulip Buyers Affects the Piece as a Whole 2 Views
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Description:
Noble citizens were victims of TulipMania as well as the uneducated poor. Greed is not a class-divided emotional response. Anyone and everyone could lose money in a Bubble
Transcript
- 00:03
all right Shmoopers we've skimmed and skimmed again the tulipmania wrestle
- 00:08
down text here and we're skimming it again just pick out a couple of key [text on screen]
- 00:12
words here and there tulip tulip tulip and let's just get right to the question
- 00:16
and we'll go hunt for the answer the author mentions the nobles citizens and
- 00:19
old clothes women 20 through 24 they're mostly why the opportunit Nobles in the
Full Transcript
- 00:23
old like behind you blow alright well the correct answer is C yeah the list
- 00:27
contains nobles and the rich as well as the not rich chimney sweeps and the like [people dressed in costume]
- 00:33
well the idea here is to convey that everyone was swept up in tulips [text on screen]
- 00:38
speculation at the time kind of like the internet bubble of the 90s or the beanie [E.T. next to a computer]
- 00:42
baby bubble maybe the extent of the list suggests that the mania spread through
- 00:46
every level of Dutch society even 17th century Dutch buffers caught the bug but
- 00:53
Charles Mackay left them off his list he was mad because 17th century Dutch [people in costume in a field of tulips]
- 00:57
shmoop was founded a year too late to help him study for his 17th century
- 01:02
Dutch SATs sorry pal we just weren't there well the economic bubble did seem
- 01:06
to spread patriotic sentiment but that sentiment came from pride in a booming [tulips]
- 01:11
economy meaning that it occurred after the bubble grew so get rid of a the [text on screen]
- 01:15
description of the Mart's doesn't say that buyers and sellers were anonymous [V for Vendetta mask]
- 01:19
so get rid of beef in fact the passage suggests that buyers of pricey tulips
- 01:24
gained a measure of fame like street cred or something like they were smart [text on screen]
- 01:28
they were hot and hip like living on Internet time a railroad time yeah
- 01:33
previous bubbles well the passage implies that tulips
- 01:36
were overpriced across the board not that some varieties were available
- 01:40
cheaply like the Walmart tulips maybe like that yeah all right well that's [tulips on discount]
- 01:45
lines 22 through 24 that's where you glean all of it right in here and the
- 01:49
answer is C illustrate the anonymous nature of greed [text on screen]
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