The "art world" refers to the global community involved in the creation, promotion, and appreciation of art. This includes artists, galleries, museums, collectors, and critics who contribute to the cultural landscape. Various forms of art, such as painting, sculpture, and photography, are explored and exhibited in different venues, from local galleries to major institutions like the Museum of Modern Art. Art fairs and exhibitions, such as Art Basel and the Venice Biennale, play a significant role in showcasing contemporary art and connecting artists with audiences. The art market also includes auctions, where works by renowned artists like Pablo Picasso and Frida Kahlo can fetch millions, highlighting the economic aspect of the art world.