Railway Mania

Rarity: Common

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Notion

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Science and technology

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What Wikipedia says

Railway Mania was a stock market bubble in the railway industry of the United Kingdom of Great Britain and Ireland in the 1840s. It followed a common pattern: as the price of railway shares increased, speculators invested more money, which further increased the price of railway shares, until the share price collapsed.

Excerpt from the Wikipedia article “Railway Mania”, under the CC BY-SA 4.0 license. Read the article on Wikipedia

Image: A.B. Clayton, Public domain, via Wikimedia Commons.