Oops, that wasn't the plan!
In the 1630s, Dutch investors poured fortunes into this product’s market, only for the bubble to burst spectacularly, leaving some investors bankrupt.
What is tulip bulbs (Tulip Mania)
This "bean" commodity is the second most traded product in the world after crude oil, with its prices closely tied to international weather patterns
Answer: What is coffee?
This pop group sang about wanting "money, money, money" in their 1976 hit song
What is ABBA
This significant legislation established the Federal Reserve System in the United States in 1913
What is the Federal Reserve Act
What is the name for an economy where goods and services are exchanged directly without using money
What is a barter system
This nation’s plan to eliminate high-denomination banknotes in 2016 to curb corruption and counterfeit money caused chaos, a cash shortage, and economic disruption.
What is India
The introduction of this crop to Europe in the 16th century from South America revolutionized diets and fueled population growth. However, a failure of its harvest caused mass famine in 1845
What is the potato (Irish Potato Famine)
In this iconic song by the Beatles, the phrase "You never give me your money" expresses feelings about financial disputes and relationship issues
What is "You Never Give Me Your Money"
This year marks the beginning of the Great Depression in the United States, triggered by the stock market crash
What is 1929
Which currency, introduced in 1999, is the second most widely held reserve currency by central banks and is used in over 19 countries
What is the euro
This currency experiment in 2000 aimed to peg the national currency to the U.S. dollar, but resulted in hyperinflation, forcing the country to abandon its own currency altogether
What is Zimbabwe
In 2010, Russia banned the export of this grain due to a poor harvest, causing global food prices to surge and contributing to unrest in reliant countries like Egypt
What is wheat
This rapper famously claimed, "Mo' money, mo' problems."
What is The Notorious B.I.G.
This landmark U.S. Supreme Court case in 1954 declared racial segregation in public schools unconstitutional, significantly impacting economic policies related to education and civil rights
What is Brown v. Board of Education
The gold standard was abandoned by most countries during which global economic crisis
What is the Great Depression
In 1995, this tech company launched an online service called “eWorld,” hoping to compete with AOL, but it was quickly scrapped due to low interest
What is Apple
This contradictory theory explains why essential goods, like water, often have a lower market price than non-essential luxury goods, such as diamonds.
What is the diamond-water paradox?
"Money for Nothing" is a hit song by this British rock band known for their distinctive sound
What is Dire Straits
This huge economic reform initiative, launched in China in 1978, opened the country to foreign investment and market mechanisms.
What is "Reform and Opening Up"
Who is the mysterious person (or group) credited with creating Bitcoin and publishing its white paper
Who is Satoshi Nakamoto
This massive German airport project, which began in 2006, faced constant delays and cost overruns, opening almost a decade later than planned in 2020
What is Berlin Brandenburg Airport (BER)
This economic principle explains why all-you-can-eat buffets tend to make a profit, even if some customers overindulge.
What is diminishing marginal utility
This 1970s rock classic by The Eagles features the line "You can check out any time you like, but you can never leave," alluding to the excesses of wealth
What is "Hotel California"
The collapse of this major financial institution in 2008 was a pivotal moment during the global financial crisis
What is Lehman Brothers
In 2017, a boom in this fundraising method allowed startups to raise capital by issuing new cryptocurrencies or tokens
What is an Initial Coin Offering (ICO)