5.💡 Corruption in the 1600s and 1700s exploited innovations like contracts. The Tulip Bubble was a result of such exploitation, where speculative trading on future prices led to a financial frenzy. #TulipMania
4. 📜 The concept of 'contracts' was key in the 1600s, revolutionizing financial agreements and boosting economic activity. This laid the groundwork for the speculative trading that caused the Tulip Bubble. #FinancialHist