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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 Similar Traits Between Two Passages about Trends 6 Views
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Description:
Mapping two texts together forces readers to pick common keywords, key themes, key patterns. Make a list. Check it twice. And get the gist. Or mash up. Or whatever.
Transcript
- 00:03
all right Shmoopers were back to tulip mania and beanie babies now we're kind
- 00:08
of doing a mash-up reading here all right let me invest one and the beanie [text on screen]
- 00:11
baby babbling passage to share which trait all right well the correct answer [students writing]
- 00:16
here yeah it's a people did in fact mortgage land and real estate to get
- 00:21
into the market and buying tulips and buying beanie babies if you can imagine
Full Transcript
- 00:25
well the first passage mentions the setting up of markets in five Dutch [text on screen]
- 00:29
cities at the outset of the tulip craze the second passage explains how a baby
- 00:34
came the primary market for beanie babies the two manias had other things [beanie baby for sale online]
- 00:39
in common but they aren't mentioned in the possible answer so we just kind of
- 00:43
ignore them and move on well the first passage suggest that foreign investment [text on screen]
- 00:47
created price irregularities but there's no mention of a similar effect in the
- 00:51
second passage so nixb we know that beanie baby collectors selling low
- 00:55
assisted in the collapse of that market but we can't be sure about the tulip [Beanie Baby for sale on Ebay]
- 00:59
market based on this passage so nix see like it's got to be in both or it
- 01:03
doesn't count in fact based on what we've read our best guess is that people
- 01:07
eventually refused to pay any price and the tulip speculators were stuck with [woman shaking head]
- 01:12
well what they had bought it was like whoever left with a hot potato or that
- 01:17
musical chairs thing there was nowhere left to sit the human toll of bubbles [money falling]
- 01:20
was described more fully in the first passage with people losing everything [bubbles rising]
- 01:24
including homes either and the beanie baby bloom in bust well it seems tame in
- 01:30
comparison to what happened in tulip mania so let's see what happens to the [tulip field in foreclosure]
- 01:34
next mania yeah any pending bets on what that'll be we got a few zombie
- 01:37
apocalypse ideas but me [zombies advancing]
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