Art Market Economics
The Industrial Revolution was a period of rapid industrial growth and technological advancement that began in the late 18th century and continued into the 19th century, fundamentally transforming economies and societies across the globe. This shift marked a transition from agrarian economies to industrialized ones, leading to the mass production of goods and a new era of urbanization. The effects of this revolution had profound implications on the art market, as art began to be viewed more as a commodity within a capitalist framework, influenced by changing social and economic dynamics.
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