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https://blog.americansforthearts.org/2021/03/03/sparking-economic-recovery-through-the-arts
Mar 03, 2021 · The arts also provide economic diversification and are proven to recover more rapidly from economic downturns without being anchored down by other slower recovering sectors. It is for these reasons that the researchers conclude, “These [economic] characteristics make the arts a valuable asset for states seeking a path out of economic crisis.”
https://theconversation.com/how-greek-musicians-weathered-an-economic-crisis-could-help-uk-performers-handle-covid-fall-out-152125
Dec 16, 2020 · As many of these campaigns talk to one another and develop new demands, it is worth remembering that musicians and their colleagues in other creative industries have been in crisis …
https://www.weforum.org/agenda/2020/05/this-is-how-covid-19-is-affecting-the-music-industry/
Mar 05, 2021 · The effects of coronavirus on the music industry. 1. Sales and streaming. In the wake of the pandemic, physical sales, which represent a quarter of recorded music revenues, are down by about one-third – unsurprising given the closure of retail stores – while digital sales have fallen around 11%.
https://www.npr.org/sections/coronavirus-live-updates/2021/02/22/970190768/the-met-considers-selling-its-art-to-stave-off-financial-shortfall
The Met Considers Selling Its Art To Stave Off Financial Shortfall : Coronavirus Updates New York City's Metropolitan Museum of Art faces a shortfall of $150 million. Museum Director Max Hollein ...
https://www.cnn.com/style/article/coronavirus-recession-wpa-arts-programs-wellness-style/index.html
As we enter a global recession, it's worth a look back at how Americans rallied during previous times of economic hardship, and to consider how it might inform our response to our present dilemma.
https://www.investopedia.com/articles/pf/08/fine-art.asp
Jun 28, 2020 · Fine Art Can Be a Fine Investment. The fine art market continues to boom. It seems that every day, another auction record is set for "the highest price ever paid [fill in artist's name here]."
https://en.wikipedia.org/wiki/Tulip_mania
Tulip mania (Dutch: tulpenmanie) was a period during the Dutch Golden Age when contract prices for some bulbs of the recently introduced and fashionable tulip reached extraordinarily high levels, and then dramatically collapsed in February 1637. It is generally considered to have been the first recorded speculative bubble or asset bubble in history. In many ways, the tulip mania was more of a ...
https://www.inc.com/aj-agrawal/5-assets-wealthy-people-use-to-preserve-wealth.html
Feb 02, 2016 · After the financial crisis of 2008, many high-net-worth individuals started seeking alternative investments as a way to protect themselves from …
https://time.com/5805526/coronavirus-economy-layoffs/
Mar 18, 2020 · Compounding the crisis is the impact to the service sector, which weathered downturns in the past as people continued to get their hair cut and eat out. This time, that sector of the U.S. economy ...
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