An economic shock is an unexpected and unplanned event that has affects on an economy. These shocks can affect both supply and demand causing both positive and negative effects on an economy. The nature of the impact on the economy as well as five macroeconomic objects of these shocks will depend on the strength of an economy at the time, which will determine how well they can react and coup with these shocks. A demand side shock is an event that suddenly increases or decreases the demand for
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ABTRACT Tourism is all about travel; and the role of transportation in its operation is vital. Travel can be discussed without taking tourism into consideration, but tourism cannot thrive without travel. Transportation is an integral part of the tourism industry. It is largely due to the improvement of transportation that tourism has expanded, though this expansion is good due to increase revenue that would be captures as a result of passenger traffic will have an impact negative side. In some area
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agencies and tourism businesses, play an important role in the tourism industry in developing countries. Introduction of multinational hotel companies is always regarded as an opportunity to benefit host countries through provision capital and market connections. However, the activities of multinationals could also be threats to these countries. This paper reviews the potential costs of multinational hotel companies involvement like decreased economic benefits, foreign domination and negative environmental
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‘‘The positive impacts of mega events are often exaggerated’. Mega events provide organisers with a unique opportunity to modify the international image of the host country. They also provide impressions of host countries to direct spectators, television viewers and additional indirect audiences. Mega events offer the opportunity to project a desired image of a host country going far beyond the event itself, enabling a country to communicate assets that can be attractive for tourists. Getz, (1998)
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36: SPORT AND LEISURE TOURISM IN THE UK Get assignment help for this unit at assignmenthelpuk@yahoo.com LO1 Understand the structure of the sport- and leisure-related tourism sector in the UK Concept of tourism: models and approaches; definitions of tourism and tourists; tourism motivators and barriers; classification of tourism types; tourism sectors including products and services Historical developments: introduction of paid holidays; role of transport; mass tourism; ecotourism; technological
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tourist attraction in the Municipality of Ternate Cavite. And it is the most popular for the mountaineers which is one of their first steps. Due to it’s popularity, the tourism demand in Ternate Cavite has increase. With this rate, there will be an effects within the tourism demand in Ternate. Tourism demand has a great factor and effects in one place. It will be the reason for a place to be
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Cultural tourism can be defined as that activity which enables people to experience the different ways of life of other people, thereby gaining at first hand an understanding of their customs, traditions, the physical environment, the intellectual ideas and those places of architectural, historic, archaeological or other cultural significance which remain from earlier times types of cultural tourists highly motivated” cultural tourists, people that travel to a town or region for what they
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“Travel brings both positive and negative impacts.” In about 300 words essay outline, discuss the phrase by connecting it to the development of the tourism industry. St. Augustine once wrote: The world is a book and those who do not travel read only a page. I totally agree with the sentence above as traveling brings positive effects indeed. First of all, we experience new things when we travel. We get to interact with new places, regions and cultures. For instance, by traveling to Malaysia
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Travel prices falling * Travel becoming easier It is not unusual for British families to take a holiday abroad once a year plus additional short breaks and holidays in the UK and overseas. The effects of this increase in frequency of holidays has positive impacts across many travel and tourism component industries, especially low cost airlines, train companies, hotels and European cities/regions that can promote themselves as short break destinations. Where do you think the most popular
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The Tour de France Executive Summary 1.1 Introduction and Description of the Tour De France The Tour de France is an annual bicycle race held in France and nearby countries. First staged in 1903, the race covered more than 3,600 kilometres (2,200 miles) and lasted three weeks. Nearly 200 riders begin each tour on the first weekend in July (Thompson, 2008). The number of teams usually varies between 20 to 22 teams, with nine riders in each team. No set numbers of stages
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