Q:

What are the positive impacts of tourism?

A:

Quick Answer

Increased opportunities for business income and employment are primary economic advantages gained from tourism. Visitors often come with the intent of spending money on food and lodging, entertainment and souvenirs. Companies providing products and services that appeal to tourists see greater income than they would without the tourists.

Continue Reading
What are the positive impacts of tourism?
Credit: (c) Iztok Alf Kurnik - www.iztokkurnik.com Moment Open Getty Images

Full Answer

The companies that serve tourists need many workers to sell and deliver goods and services. Vendors supplying the goods benefit from a higher volume of wholesale trade. Tourist spots attract people from many different states or countries, which exposes local populations to more cultures and people. Governments collect taxes on tourist activities and income, which helps maintain the community's infrastructure and roads.

Learn more about Economics

Related Questions

  • Q:

    What are the advantages and disadvantages of ASEAN?

    A:

    Advantages of the Association of Southeast Asian Nations include the elimination of tariffs between member states, which has reduced product prices due to increased competition within the market, and possible investment opportunities in the market. Among the disadvantages of ASEAN are the risk of an influx of cheap imports flooding local markets and the existence of poor governance structures in some member countries.

    Full Answer >
    Filed Under:
  • Q:

    What are the advantages and disadvantages of globalization?

    A:

    The advantages of globalization include employment and education while the disadvantages include loss of culture and health issues. Globalization brings countries together to trade and do business with each other.

    Full Answer >
    Filed Under:
  • Q:

    What are the advantages and disadvantages of mercantilism?

    A:

    The benefits of mercantilism include increased employment, the development of new technologies and products, and positive cultural exchanges as mercantilist nations seek new markets and raw material sources, whereas the disadvantages of the system include increased conflict between nations, growth in trade protectionism and the development of trade monopolies. The Library of Economics and Liberty defines mercantilism as a form of nationalism aimed at building a wealthy and powerful state.

    Full Answer >
    Filed Under:
  • Q:

    What are some of the advantages and disadvantages of economic growth?

    A:

    Among the key advantages of economic growth are improved standards of living, increased employment and investment in cleaner technologies, while some of the major disadvantages are the risk of inflation, pollution and deforestation, traffic congestion and excessive household waste. There are also concerns about the sustainability of economic growth, particularly given the finite nature of the Earth's resources, including rainforests and fish stocks.

    Full Answer >
    Filed Under:

Explore