It is argued by a few individuals that countries organize global events, while others hold opposite views. Although that event poses the economic burden on serval developing and undeveloped nations, I believe that it bolsters the economy of the country. To begin with, the main demerit of global programs puts on the burden on the economic conditions by taking a hefty amounts of loans or funds from the foreign country as result it creates a problem of repayment funds too long, and that amount of loan only spent on global events rather than other significant sectors in education, medical and agriculture sector. Furthermore, the international sports programs as attracts the people in the specific area where makes regain overcrowded as well as arises the chances of serval environmental issues like air pollutions. For Example, an article was published by 'Times of India' which revealed that Canada took a big loan from the world bank for international programs but the nation suffered from heavy interest and long-term liability. On the flip side, the global sports events attract the tourist from the distinct of nations in which the tourist spend more money for a lot of activities as result, it enhances the growth of the country's economy and also a huge amount of investment done by the large companies who are looking for their future profits. In addition to this, the global programs also bring the name and fame of the country as well as people know about the distinct types of cultural values of foreign countries. For instance, a survey was conducted by 'The Tokyo Games' which revealed that 69 % of tourists came to the country for 'Tokyo Games 2020' as result sports events boosted the economic growth of the nation by international sports events. To conclude, while putting the burden on serval developing and underdeveloped nation's economies, I strongly think that sports events increase the growth of the economic condition of the country.
It
is argued
by a few individuals that
countries
organize
global
events
, while others hold opposite views. Although that
event
poses the
economic
burden on
serval
developing and undeveloped
nations
, I believe that it bolsters the economy of the
country
. To
begin
with, the main demerit of
global
programs
puts on the burden on the
economic
conditions by taking a hefty
amounts
of loans or funds from the foreign
country
as result it creates a problem of repayment funds too long, and that amount of loan
only
spent on
global
events
rather
than other significant sectors in education, medical and agriculture sector.
Furthermore
, the international
sports
programs
as attracts the
people
in the specific area where
makes
regain overcrowded
as well
as arises the chances of
serval
environmental issues like air pollutions.
For Example
, an article
was published
by 'Times of India' which revealed that Canada took a
big
loan from the
world bank
for international
programs
but
the
nation
suffered from heavy interest and long-term liability. On the flip side, the
global
sports
events
attract the tourist from
the distinct of
nations
in which the tourist spend more money for
a lot of
activities as result, it enhances the growth of the country's economy and
also
a huge amount of investment done by the large
companies
who are looking for their future profits.
In addition
to this, the
global
programs
also
bring the name and fame of the
country
as well
as
people
know about the distinct types of cultural values of foreign
countries
.
For instance
, a survey
was conducted
by 'The Tokyo Games' which revealed that 69 % of tourists came to the
country
for 'Tokyo Games 2020' as result
sports
events
boosted the
economic
growth of the
nation
by international
sports
events
.
To conclude
, while putting the burden on
serval
developing and underdeveloped nation's economies, I
strongly
think
that
sports
events
increase the growth of the
economic
condition of the
country
.