The Ethnographic Open-Air Museum of Latvia museum since 1971. The annual crafts fair become the museum's most famous annual event, attended by tens of thousands of people every year. The museum currently occupies 87 hectares and displays 118 buildings, as well as more than 3,000 items. Most of Latvia's historical ethnic groups are represented in the museum. The museum's collection holds approximately 150,000 artifacts. The Ethnographic Open-Air Museum of Latvia The Ethnographic Open-Air Museum of Latvia () is an open-air museum located just outside Riga, the capital of Latvia, on the lightly wooded shores of Jugla Lake. In 1924, the Latvian Council of Monuments signed an
History of Latvia state took control over cooperative societies and associations. Dairy industry was placed under control of Central Union of Dairy Farmers. On April 9, 1935 a state controlled Credit Bank of Latvia was created which reduced role of foreign capital by creating many state owned industry monopolies and joint stock companies. Buyouts and liquidations of foreign, Baltic German and Jewish owned companies become a norm. In place of many competing companies large state owned companies were created. In 1939 state owned 38 such companies. The new JSC Vairogs produced railway carriages and Ford-Vairogs automobiles under Ford licence. VEF made world's smallest