Question: Some countries spend large amounts of money hosting international sports events like the O...
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International events such as Olympics attract many people all around the world to visit the host country. While some believe that it is a productive approach that raises financial benefits for the host country's economy, others argue that the investment in sport facilities for ordinary people would be more beneficial.
International events can brings out both positive and negative effect. Firstly, the numbers or tourists or athelets who travel for the event would contribute to the financial status of the country. They fund the accommodation costs along with extra expenses, such as food, commuting, and visiting some touristic destinations in the host country, as common activities during their travel. Therefore, all the secotrs who are providing these services also benefit from making more profit as a result of this international event. While some of those funds would be allocated to payback the costs associated with the construction of sport facilities for the event, it particularly improves the country's financial status and total revenue.
However the opponents argue that instead of all those arrangments, the government should finance the infrastructure of sport facilities that are beneficial for all people of community, promoting a healthier lifestyle. While this idea is not incorrect, the authorities can dedicate a part of income of the international events to build sport facilities or introduce information campagins that inform people about how to choose a healthy lifestyle and several types of exercises, guiding by national professional athelets of each field.
In conclusion, although at the first sight holding international events may seem as a waste of financial resources, but the accumulated income from the travelers and tourists can be used for developing more sport facilities for local people.
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International events such as Olympics attract many people all around the world to visit the host country. While some believe that it is a productive approach that raises financial benefits for the host country's economy, others argue that the investment in sport facilities for ordinary people would be more beneficial.
International events can brings out both positive and negative effect. Firstly, the numbers or tourists or athelets who travel for the event would contribute to the financial status of the country. They fund the accommodation costs along with extra expenses, such as food, commuting, and visiting some touristic destinations in the host country, as common activities during their travel. Therefore, all the secotrs who are providing these services also benefit from making more profit as a result of this international event. While some of those funds would be allocated to payback the costs associated with the construction of sport facilities for the event, it particularly improves the country's financial status and total revenue.
However the opponents argue that instead of all those arrangments, the government should finance the infrastructure of sport facilities that are beneficial for all people of community, promoting a healthier lifestyle. While this idea is not incorrect, the authorities can dedicate a part of income of the international events to build sport facilities or introduce information campagins that inform people about how to choose a healthy lifestyle and several types of exercises, guiding by national professional athelets of each field.
In conclusion, although at the first sight holding international events may seem as a waste of financial resources, but the accumulated income from the travelers and tourists can be used for developing more sport facilities for local people.