1973 Oil Embargo (1 oct. 1973 – 1 mars 1974)
Description:
In 1973, an oil embargo was placed on several countries by OPEC, which caused a global recession and economic turmoil. This impacted the art market as people had less disposable income to spend on luxury items such as art.Ajouté au bande de temps:
Date:
1 oct. 1973
1 mars 1974
~ 5 months