The First Recorded Example of a Financial Bubble Was

question 118

Multiple Choice

The first recorded example of a financial bubble was:

• A) called the Enclosure Movement.
• B) the "dot com" bubble of the 1990s.
• C) a "tulip mania" in the 1600s.
• D) the "stock market" bubble of the 1920s.

---

Definitions:

Eutrophic Lake

A body of water characterized by high levels of nutrients leading to an abundance of plant life and depletion of oxygen, which can be detrimental to other organisms.

Oligotrophic Lake

A lake characterized by low nutrient concentrations, which typically supports little aquatic plant life.

Invertebrates

Animals that lack a vertebral column, including species such as insects, crustaceans, and mollusks.

Decomposers

Organisms, such as bacteria and fungi, that break down dead or decaying organic matter, recycling nutrients back into the ecosystem.