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http://www. scotchshelp.org/blog/29/sport/cost-and-benefits-of-the-olympics/ Costs and Benefits of the Olympics   Readers skepticism: valuate the arguments for and against the view that major sports solutions ar good for the sparing? major(ip) sports events such as the World Cup and the Olympics be frequently seen as a potential source of economic regeneration. Yet, more are worried about the economic costs of hosting a major uninfected event that only lasts for threesome weeks. These are some of the economic benefits and potential costs of the Olympics and former(a) major uncontaminating events. Economic Benefits of the Olympics 1. Encourages Investment in transport and Infrastructure. Major sporting events usually require upgrades to transport and parley golf links. This investment leaves a lasting legacy for the whole economy. disclose transport links reduce congestion and help to make better aptitude for local anaesthetic business. It can help increa se the tillable skill of the economy (shifting aggregate supply to the right). For example, for the London Olympics in 2012 we ca-ca seen new fulminate links created in east London, and improvements to vivacious underground and overground train services (London Olympic rail networks) 2. influx of Foreign Visitors.

A major sporting event akin the Olympics can attract 100,000s of people for the duration of the games. These foreign tourists baffle a boost to the local economy. In incident the local tourist trade, shops / hotels will benefit from the surge in visitant poesy. However, it is worth noting that t hese visitor numbers tend to be temporary. T! he major sporting event only lasts for a some weeks; potentially there could be many empty hotel beds in the future. On the other hand people argue a major sporting event can lead to a gigantic term growth in visitor numbers. e.g. china felt up the Beijing Olympics created a feeling that China could be a popular tourist destination. Barcelona saw higher visitor numbers continue after the Barcelona Olympics...If you want to get a well(p) essay, order it on our website: OrderCustomPaper.com

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