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II. Form new groups of three people, each of whom has read a different text. Exchange information and complete the chart below



Where did it happen?   South Sea Bubble Tulipomania Wall Street Crash    
When did it happen?      
Who was involved?      
What happened?      
Why did it happen?      
What were the consequences?        

III. Discuss these questions.

What are the similarities and differences in the three speculations?

What do you think people will speculate in during the next 20 years?

IV. Work in groups. Find words or phrases in the texts which are similar in meaning to the definitions below. The first group to finish is the winner.

South Sea Bubble   Tulipomania Wall Street Crash
a very large amount of money set up sudden increase in buying and selling to accept responsibility for go up very fast in the end remained stable great increase in buying and selling, usually of shares land and buildings flowed quickly copied ended suddenly offered to a lender when you borrow money unable to pay their debts a powerful business person controlling large companies went up very fast a charge for a short period became very active highest point sold at too high a price selling all of their shares

Part III

ANGEL INVESTMENT





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