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The Olympics
The Olympic games are among the worlds major events in which athletes from all over the world take part in different competitions which they train for night and ad to win a gold medal or even a place in the competition. The games are divided into two; the summer and winter Olympics where the host cities manage both of the Olympics and Paralympics games. The games are held every four years in different cites chosen by the International Olympic committee. These games have a history dating as far back as the 8th century where they were held in Olympia, Greece. Where the original name for the Olympics came from. The Olympics have been very instrumental in the nurturing cooperation and understanding of people’s way of life in various nations and cites. It is an event where the best of the best in sports come to prove their skills while the audience cheer them on bringing a spirit of unison, love and peace. On the other hand it improves the economic situation of the host city where residents reap the short and long term effects after the event.

The last summer Olympics games took place in London city in the united kingdom. London got the bid to host the games that took place between 27th of July till the 12th of august 2012 after beating the rival cities Moscow, New York, Paris and Madrid in a host contested voting on the 6th of July 2005 in Singapore during the International Olympic Committee 117th session. The uk enjoys and indeed has one of the best world’s arts, commence, healthcare, entertainment, media, tourism, professional services, transport and fashion making it one of the earths leading cities. Volunteers took part in the Olympics 2012 keeping things run smoothly for transport and getting to the venues in a professional order. A £894 million pounds was spent on construction of roads etc for the London 2012 games. Also a massive financial price of £1.1 billion on venues for the games.

The estimated spending in the London 2012 games was based on the visitors spending, costs of infrastructure, running costs and tourism costs. The benefits had to be reflected to the city of London’s cost and other regions around London. The London 2012 games had to be benefited to the economically spending and according to the International Olympic Committee the estimates for the local sponsorships to the games was a long of £290 million to a £520 million price range.The financial price range involved in how many tickets were sold before the games. However there were various activities that were done by businesses in and out of the hosting city. As the visitors troops venues they contributed a lot to the economic growth from their spending and consumptions. There were also jobs created by the events of the London 2012 games, giving more jobs to unemployed people and also self employment. The social impacts on the other hand may have been negative especially in the host city where people may have been evicted to give room for Olympic building and accommodation for the purpose of the Olympic games. however there are other revenues from various activities that will be done by businesses in and out of the host city. As the visitors troop the venues they will contribute a lot to economic growth from their spending and consumptions (Zimbalist, 2010). There will also be jobs created by the events for instance establishment of business that will need attendants and also self employment. The social impacts on the other hand may be negative especially in the host city where people may be evicted to give room for Olympic building and accommodation for the Olympic games. But all of the decisions made where made for the countries financial growth in the long run.

London 2012 Olympic games were a successful year for the Team GB and how many medals they won. Great Britain came out with a total score of 29 gold’s, 17 silvers and 19 bronzes with an overall total of 65 medals, taking 3rd place in the overall medal table behind China and the USA. The athletes that took part in the Olympic games this year worked extremely hard after some of them took part in the last Olympic games in 2008 and was back to get another gold or even a better score. Each athlete supported each other and there was never a moment of jealously or hatred to the other countries.

As the next Olympic games are taken part in Rio in 2016. The British athletes won’t have a day of rest as they will have to be back on there feet training for the next Olympics. The Rio Olympics was announced by the president of the international Olympic committee, Jacque rogge,The infrastructure for the preparation of the games is really impressive. There will be more than 100,000 people involved directly in the organization of the games, including 70,000 volunteers. Millions in the city, in the country and in the continent will be reached by the games. More than 10,500 athletes of about 205 nations around the world are expected to come to the Rio 2016 Olympic games besides thousands of media professional, fans of sport and tourists from all over the globe.

London 2012 Olympic games will be an unforgettable 16 days of history. The athletes from all over the world that came to the games and achieved so much that they worked for years ahead of the games. The tourists that purchased a ticket and came along to the games to support the athletes. The time and effort put into the games, the volunteers is what made London 2012 Olympics games a phenomenal 16 days that will never be forgotten.