Art Market Economics
The Armory Show, held in 1913 in New York City, was a groundbreaking art exhibition that introduced modern European art to the American public. It is considered a pivotal moment in the history of American art, as it challenged traditional artistic values and sparked a significant shift towards modernism in the U.S. The show featured works from renowned artists such as Pablo Picasso and Marcel Duchamp, showcasing avant-garde movements like Cubism and Fauvism, and ultimately had a lasting impact on the American art market and cultural landscape.
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