why government should invest in art

senakerr38741 April 29, 2022 in , invest , should , why Comment

To further explain With government support We can make good art And it can even promote our countrys art And this can attract tourists And our country can be famous for the arts. Public funding of the arts is an investment with high yields.

It has always been an important cultural endeavor.

. You as the investor purchase shares in a fund and art experts invest in works of art that reflect positive trends in the market so that you dont have to risk purchasing work that wont provide a return. April 7 2022 257 pm. The NEA is the largest single funder of the arts across America but the majority of direct public funding still flows from a combination of other federal state regional and local agencies.

Pete makes a strong argument against taxpayer subsidies for the arts arguing that they should be opposed not because of the cost but because of the harmful impact of government money on the arts themselves. The government spending on arts has long been a contentious issue. I concede that the arts have a potential to reform any country economy.

By - Dessy Itaar Sample Answer 2. With Masterworks you dont actually own or store the artwork. We need to remember our own poems songs language crafts etc.

Another essential thing is people have to make a good teamwork with the government to produce huge advantages related to arts creations. Art funds allow for a combination of art financial expertise with a large capital base and exceptional advisors. Hence the government will make profit from them.

Government funding is crucial for the existence of arts. If the government help in building museums it will not only show the countrys art but also will attract the tourists. Governments should invest as much in the arts as they do in the military.

This starts from the top with federal funds. Yet to me the role played by cultural activities in shaping society is such that it should be considered an investment rather than a burden. Many counter the idea of government incurring expenses to promote arts.

The only way to kindle their passion is to provide them financial assistance. NASAA encourages broad use and adaptation of this resource. Hence it is apparent why many are in favor of dedicating the hefty amount of budget for the art.

So it is the responsibility of. There are several reasons why governments should spend money on art. In conclusion the government should invest some money to improve arts creation because it has a big opportunity to make a country more successful.

Secondly art provides a way for humans to express themselves. Strong art programs will also attract tourists in a community thus bringing in revenue. I believe that the federal and state governments have a stake in funding the arts just as they have a stake in funding education and exploration social justice and protecting citizens.

Having strong art programs in a community will stimulate business activity and produce tax revenue. It includes extensive research citations to support fact based debate. For example Australian government invested 30 percent budget for supporting the art in the year 2017 and as a result improvement in people artistic sense increased 50 percent.

Each 1 in federal arts funds leverages another 9 from other public and. The speaker contends that the arts should be funded as much as the military. Art itself does not generate much revenue and hence artists especially the lesser-known ones have to struggle to make a living.

A Microsoft Word version is available upon request. In brief investing in arts is by means a waste of money rather it is a good investment both for economic growth and cultural enrichment. In my opinion Governments should support the arts through funding.

Lastly should the government invest money in constructing a land which will hold a festival every weekend with folklore music and food more people from all over the world will be willing to visit and. Here are some reasons why. First of all It can build the country brand and promote tourism.

Some claim that spending on the arts is unproductive. This deters many of them from pursuing art as a profession. There are several reasons why investing in culture is an economic imperative.

In their opinion public money should be spent on improving social services and infrastructure. Designed for civic leaders and cultural advocates Why Should Government Support the Arts. First of all art is a very important part a nations culture.

Investing in Art Stocks. Masterworks is a great option especially for the novice art investor because they do most of the work for you. Government should do more to give official recognition of the importance of the arts and other cultural activities President Dwight Eisenhower.

It allows us to look at the world in a new way. Music plays an important role in the welfare of the society as some people believe that music keeps our mind relax and entertain. What it currently lacks is a reliable funding mechanism for public art such as a Percent for Art.

Moreover the combination of music art and painting contribute towards the development of the society as theaters and films are source of entertainment and they contributes towards the country growth. Should the government fund the arts. Invites conversation about the value of the arts to American communities.

A variety of government subsidies compose roughly 7 percent of the nations total investment in not-for-profit arts groups. By - Keith. Should government invest in Arts or in Public Services.

Art is not a frill. Diversifying your investments isnt just about wisely weighting your portfolio between stocks and bonds. No says Pete Spence the newest addition to the Adam Smith Institute team at The Economists debate site.

While I do admit that it is important to spend money on public services arts cannot and should not be ignored. Studies have shown that the arts create a successful and sustainable strategy for revitalizing rural areas inner cities and populations struggling with poverty. Beyond this concession I find the speakers assertion indefensible from both an empirical and a normative standpoint.

No says Pete Spence the newest addition to the Adam Smith Institute team at The Economists debate site. According to some people the government should not invest in arts or music as they offer little return on investment. In this context the major justification for government arts funding became its contribution both to that trade and to trade in general a case based on the mounting evidence of the economic value.

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