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 to capital investment projects. Around 15% of income was generated by state spirits monopoly. The restoration of industry was more complicated. Before World War I 80% of industrial production was made for internal Russian Empire markets. Trade agreement with Soviet Union was signed in 1927 but did not result in high trade volumes. By the end of 1920s Latvia's largest export markets were Germany (35,6%), United Kingdom (20,8%), France, Belgium, Netherlands (22,9%). Latvia had to import almost all of modern machinery and fuels. In 1929 Latvia had 3 state owned banks, 19 private banks, 605 credit unions and many more