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Compose a 2000 words assignment on the art world. Needs to be plagiarism free! It is good for the economy because a lot of money has been pumped by these young buyers into the art market.“The art worl
Compose a 2000 words assignment on the art world. Needs to be plagiarism free! It is good for the economy because a lot of money has been pumped by these young buyers into the art market.
“The art world is structured as an interdependent network of social-economic actors who cooperate--often contentiously or unknowingly--to enact and perpetuate the art world, while at the same time negotiating kinds and levels of cooperation in a mutually understood careerist and competitive context.” (Art Economics) Dealers and galleries play a pivotal role in displaying the artworks to prospective buyers, without these display art galleries it would be hard for buyers to see and get what they want. Auction houses also play a key role in displaying artwork to prospective buyers. In addition to this, there are art consultants and advisors who bridge the gap between sellers and potential buyers of artwork. Art fairs are also being organized on a regular basis to attract more buyers interested in buying contemporary artwork.
The economy of the art world is being affected because more and more thieves are trying to get their hands on valuable works of art so that they can sell it and make good money on these contemporary artworks. It is a win-win situation for the thieves because most valuable pieces of art weigh only a few pounds and they are sold for millions of dollars in the market. It is very easy to transport such expensive works of art because thieves usually steal artworks that are easy to carry and transport hence, it is a very trivial job for them to get it transported. In the year 2011 artworks worth $1 billion were recovered from a home in Munich, Germany. These artworks were believed to have stolen by the Nazis through the end of World War II. It has become a very lucrative business for thieves, there is no investment required and the returns are unbelievable this is precise.
