The Economic Impact of Notting Hill Carnival
Economic impact of Notting Hill Carnival
Tutor: Dr. Debbie Sadd
Student: Yu-Ting Chen (44459459)
Unit: Event Principles and Practice
Word Count: 2,096 words
Table of Contents
Table of contents………………………………………………………………………….2
Abstract…………………………………………………………………………………….3
1. Introduction……………………………………………………………………………..3
2. Economic impact……………………………………………………………………….4
2.1 Definition of economic impact……………………………………………….4
2.2 The reason why economic impact is chosen………………………………4
2.3 Positive and negative economic impacts…………………………………...6
3. Impact of employment…………………………………………………………………..7
4. Impact of business opportunities………………………………………………………7
5. Impact of opportunity costs……………………………………………………………..8
6. Conclusion………………………………………………………………………………..9
7. Reference………………………………………………………………………………..10
Table 1………………………………………………………………………………………..5
Table 2………………………………………………………………………………………..6
Abstract
The Notting Hill Carnival is a vital cultural event in West London and a precious constituent of the London Image. The event has a huge economic effect on the London economy as well. It promoted up to £93m income a year to the city's economy and maintains the equivalent of 3,000 full-time jobs. The aim of the study was to analyse the economic impacts of the Notting Hill Carnival cultural event. The report would focus on three of the economic impacts as employment, business opportunities and opportunity costs to analysis these aspects for positive and negative influence and provide some recommendation of these.
1. Introduction
The Notting Hill Carnival takes place on the August Bank Holiday in London since 1966. It is widely confirmed as the largest street carnival in Europe, along with another two world festival ranking among the highest dramatic of world festival, as New Orleans’ Mardi Gras and the Toronto International Carnival. Carnival is a passionate and celebratory landscape of Black working class experience. Getz (2007) clarified carnival is a
Tutor: Dr. Debbie Sadd
Student: Yu-Ting Chen (44459459)
Unit: Event Principles and Practice
Word Count: 2,096 words
Table of Contents
Table of contents………………………………………………………………………….2
Abstract…………………………………………………………………………………….3
1. Introduction……………………………………………………………………………..3
2. Economic impact……………………………………………………………………….4
2.1 Definition of economic impact……………………………………………….4
2.2 The reason why economic impact is chosen………………………………4
2.3 Positive and negative economic impacts…………………………………...6
3. Impact of employment…………………………………………………………………..7
4. Impact of business opportunities………………………………………………………7
5. Impact of opportunity costs……………………………………………………………..8
6. Conclusion………………………………………………………………………………..9
7. Reference………………………………………………………………………………..10
Table 1………………………………………………………………………………………..5
Table 2………………………………………………………………………………………..6
Abstract
The Notting Hill Carnival is a vital cultural event in West London and a precious constituent of the London Image. The event has a huge economic effect on the London economy as well. It promoted up to £93m income a year to the city's economy and maintains the equivalent of 3,000 full-time jobs. The aim of the study was to analyse the economic impacts of the Notting Hill Carnival cultural event. The report would focus on three of the economic impacts as employment, business opportunities and opportunity costs to analysis these aspects for positive and negative influence and provide some recommendation of these.
1. Introduction
The Notting Hill Carnival takes place on the August Bank Holiday in London since 1966. It is widely confirmed as the largest street carnival in Europe, along with another two world festival ranking among the highest dramatic of world festival, as New Orleans’ Mardi Gras and the Toronto International Carnival. Carnival is a passionate and celebratory landscape of Black working class experience. Getz (2007) clarified carnival is a