Where were tulips once used as a form of currency?

Here is the question :

QUESTION :

WHERE WERE TULIPS ONCE USED AS A FORM OF CURRENCY?

Here is the option for the question :

Holland
China
Sweden
Denmark

And, the answer for the the question : ‘Where were tulips once used as a form of currency?’ is

ANSWER : HOLLAND

Explanation

:

Tulips were utilized as a form of currency in Holland once upon a time. Tulips became so popular in Holland during the 1620s that they sparked one of the world’s first economic bubbles. A single Viceroy tulip bulb was worth $1,250 in current American dollars during the Dutch Golden Age. The craze, dubbed “”Tulipmania,”” didn’t endure long, and by the mid-1630s, many were questioning the wisdom of paying a fortune for a flower that would surely die, and the market had fallen.