VOICED: Follow the money: art auction shows hit Moscow

VOICED: Follow the money: art auction shows hit Moscow

Assessment

Interactive Video

Business

10th Grade - University

Hard

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Quizizz Content

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The video discusses the burgeoning art market in Russia, highlighting the interest of wealthy Russian collectors in investing in art, particularly works by famous painters. Despite legal challenges, such as restrictions on exporting Russian art, the market continues to grow. Auction houses like Christie's and Sotheby's have established a strong presence in Moscow, contributing to the city's status as a major art hub. The 2008 economic crisis had little effect on the purchasing power of Russia's elite, further fueling the art market's expansion.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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