Exposition Universelle (1900) - Financial Implications

Financial Implications

The 1900 Paris Exposition Universelle was such an expensive exhibition to organize and run that the costs for the average citizen to see specific attractions would be about six hundred francs in addition to their admittance ticket .The 1900 Exposition Universelle lost a grand total of eighty two thousand francs after six months in operation . Many Paris citizens had invested money in shares they had bought to help provide money for the organization of the event and had therefore lost their invested money . With a much larger expected turn out the exhibit sites had gone up in value . Continuing to pay rent for the sites became increasingly hard for concessionaires as they were receiving less customers than anticipated . The concessionaires threatened to strike, which would ultimately result in a large shut down of a section of the exposition . To solve the matter, the concessionaires were paid a fractional refund of the rent fees they had paid to obtain their work areas . The financial implications of the 1900 Exposition Universelle devastated Paris` people and resulted in the decision to end the streak of international fairs with the 1900 loss .