Economic Aspects of Tourism
ECONOMIC ASPECTS OF TOURISM
Economic aspects of Tourism
[Name of the writer]
[Name of the institution]
Economic aspects of Tourism
Introduction The study is related to the impacts of tourism on the economy. This issue is most discussed in the countries where there is a lot of tourism activities take place. These activities help a country to boost up its revenue generations as people from different countries come to enjoy their vacations or their leisure time. However, these tourism activates provide sources to a country to become a develop nation due to the revenue generation but these tourists often make problems for the locals, for instance, in London due to the numerous tourists, people face problems at the London Heathrow airport due to its capacity. The decisions on tourism development cannot be left to the market alone, so the responsible authorities or the government should involve in these activities that is to increase the size of the London Heathrow airport.
Discussion Tourism affects the economic activities of a country, these affects often seem as the positive as the countries get various benefits from tourists but these tourism activities often make the countries to make changes in their infrastructure. Like in the case of London Heathrow airport where due to the capacity problems tourists and also the local people face problems. In addition, to continue and to facilitate the tourism activities which are considered as an important sector of an economy, the decision of expansion of the London Heathrow airport should be made. Tourism’s popularity in the newly industrialized countries increased as a result of several important developments including: • Increased standards of living, especially with respect to education and literacy, as well as levels of disposable income. • Improvements in transportation technology, especially railways and steams hips which enabled more people to travel at a lower per unit cost.
Economic aspects of Tourism
[Name of the writer]
[Name of the institution]
Economic aspects of Tourism
Introduction The study is related to the impacts of tourism on the economy. This issue is most discussed in the countries where there is a lot of tourism activities take place. These activities help a country to boost up its revenue generations as people from different countries come to enjoy their vacations or their leisure time. However, these tourism activates provide sources to a country to become a develop nation due to the revenue generation but these tourists often make problems for the locals, for instance, in London due to the numerous tourists, people face problems at the London Heathrow airport due to its capacity. The decisions on tourism development cannot be left to the market alone, so the responsible authorities or the government should involve in these activities that is to increase the size of the London Heathrow airport.
Discussion Tourism affects the economic activities of a country, these affects often seem as the positive as the countries get various benefits from tourists but these tourism activities often make the countries to make changes in their infrastructure. Like in the case of London Heathrow airport where due to the capacity problems tourists and also the local people face problems. In addition, to continue and to facilitate the tourism activities which are considered as an important sector of an economy, the decision of expansion of the London Heathrow airport should be made. Tourism’s popularity in the newly industrialized countries increased as a result of several important developments including: • Increased standards of living, especially with respect to education and literacy, as well as levels of disposable income. • Improvements in transportation technology, especially railways and steams hips which enabled more people to travel at a lower per unit cost.
References: Tribe, J. (2005). “The Economics of Recreation Leisure and Tourism Butterworth Heinemann.” Oxford, Elsevier, pp. 10-335.