Countries hosting international sports events, which are always expensive, often ends up in finanacial crisis. Investing huge amount of money without a guarantee of its return is the root cause to the financial crisis. I disagree with this notion as these events are beneficial as it boosts the economy of the host country and also brings new revenues and employment. To begin with, there are numerous pros of organising an event. First and foremost is that it helps in providing astounding improvement in the infrastructure of the city where the event is organised. It also builds reputation and dignity of the host country all over the world. Moreover, it encourages tourism and create bright avenues of employment. More and more employees are hired to organise such a big event. Eventually it eradicate the problem of unemployment in that country. Furthermore, it provides a significant financial activities, which boost the economy. Host country earns high revenues by selling tickets of the event. Numerous tourists and visitors from all over the world attend these events to support and lift up the morale of their favorite teams. Local people observe a dramatic rise in the sales of their goods and services. Hosting an event can give many economic and cultural benefits to the host country. In conclusion, it can be concluded that although organising these events is quite expensive but it proves to be a goon in the development of host country as it provides jobs to individuals and new revenues to governments. In my opinion, hosting an event has more advantages than its drawbacks.
Countries
hosting international sports
events
, which are always expensive,
often
ends up in
finanacial
crisis. Investing huge amount of money without a guarantee of its return is the root cause to the financial crisis. I disagree with this notion as these
events
are beneficial as it boosts the economy of the
host
country
and
also
brings new revenues and employment. To
begin
with, there are numerous pros of
organising
an
event
.
First
and foremost is that it
helps
in providing astounding improvement in the infrastructure of the city where the
event
is
organised
. It
also
builds reputation and dignity of the
host
country
all over the world.
Moreover
, it encourages tourism and create bright avenues of employment. More and more employees
are hired
to
organise
such a
big
event
.
Eventually
it
eradicate
the problem of unemployment in that
country
.
Furthermore
, it provides a significant financial
activities
, which boost the economy.
Host
country
earns high revenues by selling tickets of the
event
. Numerous tourists and visitors from all over the world attend these
events
to support and
lift up
the morale of their favorite teams. Local
people
observe a dramatic rise in the sales of their
goods
and services. Hosting an
event
can give
many
economic and cultural benefits to the
host
country
.
In conclusion
, it can
be concluded
that although
organising
these
events
is quite expensive
but
it proves to be a goon in the development of
host
country
as it provides jobs to individuals and new revenues to
governments
. In my opinion, hosting an
event
has more advantages than its drawbacks.