What are some key differences in the funding of modern versus classic art

[OttoYates]

What are some key differences in the funding of modern versus classic art

[SamiraMcBride]

Sure! Here are five different ways to answer that question:

[AdlerOConnell]

**Market Trends**: Modern art often gets a lot of its funding from private collectors and wealthy investors who see it as a way to make money. Classic art, on the other hand, has more support from museums and public institutions that want to preserve history and culture.

[BridgerVance]

**Crowdfunding**: Nowadays, a lot of modern artists use platforms like Kickstarter to fund their projects, tapping into the community for support. Classic art usually relied on patrons or wealthy sponsors back in the day, which is a totally different vibe.

[LuisaDean]

**Government Support**: Classic art often benefited from government funding and grants, especially during periods like the Renaissance. Modern art sometimes struggles with that kind of support, especially if it's seen as controversial or not mainstream.

[LiliannaChristian]

**Cultural Relevance**: Modern art tends to get funding based on its relevance to current social issues, while classic art is often funded because of its historical significance. So, it’s like modern art is more about what’s happening now, while classic art is about what’s already happened.