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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: approximate the arguments for and against the view that study sports solutions ar good for the sparing? study sports events such as the World Cup and the Olympics are much seen as a potential source of economic regeneration. Yet, many an(prenominal) are worried about the economic costs of hosting a major(ip) profligate event that only lasts for threesome weeks. These are some of the economic benefits and potential costs of the Olympics and former(a) major riotous events. Economic Benefits of the Olympics 1. Encourages Investment in transport and Infrastructure. Major sporting events usually require upgrades to transport and parley tie in. This investment leaves a lasting legacy for the whole economy. disclose transport links reduce congestion and help to make better subject matter for local anaesthetic business. It can h elp increase the tillable capacity of the economy (shifting aggregate supply to the right). For example, for the London Olympics in 2012 we deliver seen new fulminate links created in east London, and improvements to subsisting underground and overground train services (London Olympic rail networks) 2. inflow of Foreign Visitors. A major sporting event uniform the Olympics can attract 100,000s of people for the duration of the games. These foreign tourists put up a boost to the local economy. In incident the local tourist trade, shops / hotels will benefit from the surge in visitant total. However, it is worth noting that these visitor numbers tend to be temporary. The 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 yen term growth in visitor numbers. e.g. china matte the Beijing Olympics created a feeling that China could be a popular tourist destination. Barcelona saw higher v! isitor numbers continue after the Barcelona Olympics...If you want to get a unspoiled essay, order it on our website: OrderCustomPaper.com

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