Preview

Advantages & Disadvantages of Tourism

Good Essays
Open Document
Open Document
821 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Advantages & Disadvantages of Tourism
ADVANTAGES & DISADVANTAGES OF TOURISM

Advantages

1. Tourism provides foreign exchange (US dollars) which allows:

i) The government to pay bills such as:
a) Allows government to pay foreign debt.
b) Allows the Bahamian dollar to stay on par with the US dollar.
c) Allows government to pay the thousands of persons employed in government their monthly salaries.
d) Allows government to have money to do road works, school construction and all other governmental works.

ii) Allows Bahamians to go shopping abroad to buy goods and send their children to school, as long as the US dollars are floating in the Bahamian economy easily.

iii) Foreign Exchange allows for the easy importation of goods and food.

2. Tourism provides jobs for thousands of Bahamians both directly and indirectly. If tourists do not come to the Bahamas, those persons directly involved in tourism for example, the straw vendors, the taxi drivers, retail storeowners etc., could be unable to pay their bills. If they are unable to make money they could be unable to pay their landlords, their mortgages (the banks), etc. For example, persons indirectly involved in tourism such as landlords, could have trouble obtaining their rent. 3. Tourism plays an important role in ensuring that Bahamians are employed. If tourists do not come to the Bahamas for a period of time, persons employed directly in tourism could begin to lose their jobs and this would be felt in every sector of the economy. For example, some hotel employees were laid off after the September 11th terrorist attacks and some hotels temporarily closed.

Approximately 30% of all persons in The Bahamas are directly employed in tourism. If you add the persons who are indirectly employed in tourism the percentage of persons employed by the tourism sector increases to about 64%. Disadvantages

1. Some say that Tourism has a negative effect on the Bahamian culture. It has often been said that Bahamians have become

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Ecs1260 Final Exam

    • 402 Words
    • 2 Pages

    4) Which of the following is not one of the main goals of monetary policy?…

    • 402 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    1. A city's General Fund general ledger includes accounts called Estimated Revenues, Appropriations, and Encumbrances. This indicates that the city…

    • 1977 Words
    • 12 Pages
    Good Essays
  • Better Essays

    Moreover, as Jamaica is economically dependent on the volatile industry of tourism, its other industries and…

    • 3433 Words
    • 14 Pages
    Better Essays
  • Powerful Essays

    Ch04

    • 1824 Words
    • 12 Pages

    5. Which of the following budgetary entries would the town of Geneva make upon adoption…

    • 1824 Words
    • 12 Pages
    Powerful Essays
  • Powerful Essays

    8. FThe Financial Accounting Standards Advisory Board’s standards do not apply to the federal Department of Treasury.…

    • 100968 Words
    • 404 Pages
    Powerful Essays
  • Powerful Essays

    The modern era of this day and age is under constant threat from new and expanding methods of conflict that is devastating our already deteriorating society- often segregated between the rich and the poor. Due to the steady increase of communication and travel, there is a correlation with the increase amount of fighting with age old ethnic rivalries and religious strife along with disputes over territory, resources and morals. However, with the considerable advancements in technology presented over the last century, the effects and devastation are more vast and noteworthy. Prior instances being the innovation of the Maxim Machine gun in the nineteenth century that took the lives of millions of people in World War I, the bringer of the war of…

    • 1599 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    A) a foreign demand for dollars and the satisfaction of this demand decreases the supplies of foreign monies held by U.S.…

    • 1322 Words
    • 7 Pages
    Good Essays
  • Powerful Essays

    Tourism is a very complex issue and before we can begin to analyze the varying impacts it as on the region, we must first understand exactly what tourism is. Tourism has many definitions, according to Goeldner & Ritchie, “tourism is the processes, activities and outcomes arising from the relationships and the interactions among tourists, tourism suppliers, host government, host communities and surrounding environments that are involved in the attracting and hosting of visitors.” It can be classified into three types; domestic, that is, within the boundaries of one country. Regional, which refers to travel within a set geographical location or international which is travel from one country to another in a different geographical location. Contrary to popular believe, domestic tourism is the most dominant of the three forms as it accounts for about 80% of tourist trips worldwide, but with regards to the Caribbean, it is international tourism that is dominant and most beneficial to the region.…

    • 2636 Words
    • 11 Pages
    Powerful Essays
  • Good Essays

    Why Tourism Matters

    • 783 Words
    • 4 Pages

    Although tourism has a positive impact on the economy there are equally negative impacts. Touring agencies, shops, hotels, and even islands…

    • 783 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    With a rocky economy, tourism is a necessity for Jamaica to develop and grow and earn more money. Development of hotels and facilities for increased visits from other countries, Jamaica relies more than ever on its natural resources that it is known for.…

    • 4000 Words
    • 16 Pages
    Powerful Essays
  • Good Essays

    The most distinctive positive effect of tourism is that it creates jobs. This enables the economy in that certain area to grow leading to a “multiplier effect”, which happens when people spend their income on services and products that are made available by the tourism industry. It also improves certain indirect sectors such as transportation services. Some small scale businesses that rely on tourists are easy to implement and doesn’t require a proper education. This is greatly beneficial in Africa because there is a lack of proper education in most countries, especially in rural areas. Tourism also generates extra tax revenues that can benefit the economy by using those taxes to improve infrastructure and other important areas that need improvement. The upside of tourism is that it is mainly seasonal, for instance…

    • 876 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Baha Mar

    • 1525 Words
    • 7 Pages

    Bahamas is an island country comprising of about 700 islands off the eastern coast of United States near Cuba. The economy of the country is mostly single crop depending on the tourism industry. With the 60% of total GDP coming from the tourism industry, continuous growth of the tourism sector is essential for the country’s economic sustainability. Keeping the economy in mind and the viability of an Integrated Resort in an island country Nassau was in dire need of a resort with a casino. On 30th March 2010 an agreement was reached to develop an integrated resort on the island of New Providence. The resort will be named Baha Mar and will be opened by December, 2014. The resort will encompass four hotels with around 2,200 rooms, 307 private residences, a 100,000sqft Casino, a 30,000sqft Spa and a Golf course.…

    • 1525 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Organic Farming

    • 431 Words
    • 2 Pages

    Organic farming is a form of agriculture that does not use synthetic, which means artificial, fertilizers, pesticides and genetically modified organisms. Organic basically defines a way of growing, processing, and handling food. Organic farming promotes biodiversity. The dictionary defines biodiversity as the diversity among and within plant and animal species in an environment. The goals of organic farming includes maintaining diverse crops, keeping soil healthy, reducing pollution, avoiding synthetic fertilizers and pesticides in agriculture, and promoting environmental friendliness.…

    • 431 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    jamaica case study

    • 344 Words
    • 2 Pages

    Tourism brings in money to Jamaica – 20% of its GDP – this money can be spent on essential services such as health care and education which can boost the overall level of development. This does have a downside however, as Jamaica is dependent upon this income and if tourist numbers fall the economy would be affected. About 220,000 Jamaicans work in tourism – it is a vital employer. People work in a wide range of jobs, from the construction of hotels and tourist facilities, to service work cleaning, working in bars, caddying on golf courses amongst other jobs. Tourism benefits many sections of the economy as people spend money in bars, restaurants, and other local businesses, so tourism has a positive multiplier effect.…

    • 344 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    crime in The Bahamas

    • 1487 Words
    • 4 Pages

    When most tourists think of the Bahamas the picture of clean green pristine care free island paradise comes to mind as advertised and promoted around the world. Many of the tourists do not see the other side of the picture as shown on the brochure. The people of the Bahamas who live in the country everyday have to endure the other side of the brochure which is the increasing crime rate in the Bahamas. The people of the these islands are known as some of the most peaceful and fun love people in the world this can even be traced back to the peace Lucayan Indians who once inhabited these islands a few centuries ago. Slowly over time the Bahamas had become plagued with crime and violence so much as it played a role in our history as in the days of the pirate and bootleggers.…

    • 1487 Words
    • 4 Pages
    Powerful Essays