Travel & Tourism Tourism can bring many benefits to a destination. Tourism can positively impact an area’s economy‚ social cultural‚ and environment. At the same time‚ there can be negative effects to the economy‚ social cultural‚ and environment. The tourism industry is extremely large and continuously growing‚ which is why the impacts and effects weigh so heavily on a destination. Traveling and engaging in touristic pursuits are popular leisure activities. New trends emerge as tourism continues
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Introduction ㆍBrazil’s location Brazil which is the biggest country in the South America is a unique country with wonderful destinations and attractions. With half of South America’s land and one-third of the population of all Latin Americans‚ Brazil is a land of the marvelous‚ transcendent and the tragic. The gross area of Brazil covers approximately half of South America as it is the mainland’s biggest nation. At just over 3.3million square miles‚ it is slightly larger than the continental United
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Tourism history‚ development and main destination countries in the world Over the decades‚ tourism has experienced continued growth and deepening diversification to become one of the fastest growing economic sectors in the world. Modern tourism is closely linked to development and encompasses a growing number of new destinations. These dynamics have turned tourism into a key driver for socio-economic progress. Today‚ the business volume of tourism equals or even surpasses that of oil exports
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surrounded by Zambia‚ Tanzania and Mozambique. The capital of Malawi is Lilongwe; other main notable towns are Blantyre‚ Zomba and Mzuzu. Malawi is governed by president DR Bingu Wa Mutharika‚ who has been in power since May 2004. History of tourism in Malawi refers back to the early 1960s after all the colonisations and independence for the country. It was not run by anyone till Banda made himself president in 1966. The country made some improvement in the economy‚ by the 1980’s Malawi’s dream
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supply and demand Identify two microeconomics and two macroeconomics principles or concepts from the simulation. Explain why you have categorized these principles or concepts as macroeconomic or microeconomic. The microeconomic topics would be the demand and supply curve. The demand curve shows how consumers would react to prices. The supply curve shows how landlords would react to price by how much units will sell. The outside company coming in and the price cap would fall under macroeconomic
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completely empty. What would change if seats were sold at the lowest prices? Highest prices? Variable prices? When tickets are placed at the lowest prices‚ the law of demand states there would be an increase in ticket sales to the game. The revenue would therefore be higher. If the prices were placed at the highest prices‚ the demand would be elastic and very few people would be willing to pay for the tickets. They may not be as willing to pay for them because of their budget limitations and their
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Demand Forecasting Demand forecasting is the activity of estimating the quantity of a product or service that consumers will purchase. Demand forecasting involves techniques including both informal methods‚ such as educated guesses‚ and quantitative methods‚ such as the use of historical sales data or current data from test markets. Demand forecasting may be used in making pricing decisions‚ in assessing future capacity requirements‚ or in making decisions on whether to enter a new market.
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crisis‚ health crisis‚ social changes‚ customer preferences‚ war/terrorism. Tourism market consists of all potential customers sharing a particular need/want‚ who might be willing/able to satisfy it by buying a tourism product. Sustainable development achieving growth in a manner that does not deplete the natural & built environment & preserves the culture of the local community. Sustainable tourism all forms of tourism development‚ management & operations that maintain the environmental‚ & economic
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tourist. One step‚ our country have do promotion lower package. Promotion lower package can attract foreign tourist come visit to Malaysia. Promotion lower package such as lower price for accommodation for tourists‚ transport system for visit to tourism places and other. Besides promotion lower package to increase the number of tourist visit to Malaysia‚ our country can to prepare good quality to tourist.Good quality a mean our country to prepare more facilities‚ accommodation‚ safely and other.
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The law of supply and demand describes how prices will vary based on the balance between the supply of a product and the demand for that product (Wikipedia‚ 2005). If there is a balance between the supply‚ (the availability of the product)‚ and the demand‚ (how much product the consumers want)‚ then the price for the product would be considered good. If there is an imbalance‚ the price will change. According to Adam Smith‚ the invisible hand is a self-adjusting force in the market that corrects
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