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Bubble Act - Definition and Overview |
| Related Words: Apparition, Autism, Ball, Balloon, Bilge, Bladder, Blain, Blister, Blob, Blubber, Boil, Bolus, Boss, Bow, Bubbles, Bulb |
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The Bubble Act of 1720 was an English act that forbade all joint-stock companies not authorised by royal charter.
It was passed to prevent another South Sea Bubble. The Act was a sign of greater caution after the Bubble, and sought to restore security to commercial expansion and economic innovation.
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