The South Sea Bubble is an example of
A)unregulated speculation.
B)the perils of national debt.
C)the uncertainty of international trade.
D)the economic consequences of war.
E)the downside of colonialism.

Question

Quizplus · Accepted Answer

The South Sea Bubble was a period of unregulated speculation in England in the early 18th century, where investors were buying and selling shares in the South Sea Company based on the expectation of high profits from trade with South America. However, the company's actual profits were not as high as expected, and when the bubble burst, many investors lost large sums of money. This event is often cited as an example of the dangers of unregulated speculation in financial markets.

The South Sea Bubble Is an Example of