modern Olympic Games three times which having previously done so in 1908 and in 1948. The Olympic Games is an event which can potentially have a significant economic impact on the host city. For smaller country‚ it can also impact the economics of the host nation as a whole. What is ‘economic impact’? According to Harper‚ 2009‚ economic impact is a measure of the spending and employment effects of a specific project- in this case ‘London 2012 Olympic Games’. She also stated the effects are generated
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A. ROAD TRANSPORT- dominated by motor cars and coaches that provides door- to- door flexibility‚ gives view of the landscape and a means of transporting recreational equipment. B. RAIL TRANSPORT- provides examples of the specific development of a country. It competes with road transport in terms of time and distance- from city center to city center. C. AIR TRANSPORT- their main market is the visitors who give utmost importance to speed and range. This is available in scheduled and chartered
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Problem Statement The growth and development of tourism in Trinidad from 2002–2007 and its effects on the economy and society. Statement of the Problem Tourism plays a major role in the growth and development of Trinidad. Many initiatives have been put in place to expand the industry. The government of Trinidad is committed to establishing and implementing standards of development and maintenance for the tourism industry. They try to maintain all the tourist attractions such as beaches and museums
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been over a 50 years now since the time the city of Singapore wasn’t a developed county with an average individual GDP (Growth domestic Product) less than $320. But now‚ Singapore is considered one of the highest GDP in the world‚ exceeding $60000 and because the sixth highest in the world based on Central intelligence Agency figures. Singapore is also considered as one of the fast economic growing countries in the world. Singapore is an important hub for South -East Asia. It was traditionally
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What determines whether or not a resource is scarce? Why is the concept of scarcity important to the definition of economics? The determination of whether a resource is scarce is its supply in relation to demand such as land‚ labor capital and human capital. If there is not sufficient amount of resource to satisfy the demands‚ then resources are set to be scarce. On the other hand if supply exceeds it demand‚ then the resource is not scare not only that if the supply of a goods or service is low
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If Africa is to be successful in competing in the international tourism market‚ standards of excellence must be introduced. In order for Africa to facilitate progress in implementing good tourism development there are key issues facing the continent that need to be addressed. These issues are; Comprehensive government policies for tourism‚ Public health and safety‚ Capacity building‚ Infrastructure‚ Environmental mitigation and protection. State capacity-building is a critical aspect of
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The Economic Impact of the BP Oil Spill In April of 2010‚ a British Petroleum operated oil drilling rig off the Gulf of Mexico‚ the Deepwater Horizon‚ exploded suddenly after high pressure methane gas from the oil well rose to the drilling rig‚ causing it to ignite and then sink to the bottom of the ocean floor. The explosion caused a sea-floor level oil blowout‚ and crude oil was leaked into the surrounding water for three months before a solution was found. After eighty-seven long days‚ the wellhead
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Download the original attachment ANSWER 1 The best known IT system‚ and the one that plays a most significant role in Singapore ’s trade‚ is TradeNet. TradeNet is an EDI system that links over 12‚000 traders (an increase from 1‚000 in 1990)‚ support companies‚ and government agencies that are involved in Singapore ’s international trade‚ for the purpose of exchanging trade documents electronically. Through TradeNet‚ companies and agencies can submit‚ directly from their computers
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THE FOUNDING OF MODERN SINGAPORE In late 1818‚ Lord Hastings – the British Governor General of India – appointed Lieutenant General Sir Stamford Raffles to establish a trading station at the southern tip of the Malay peninsula. The British were extending their dominion over India and their trade with China was expanding. They saw the need for a port of call to “refit‚ revitalize and protect their merchant fleet” as well as to prevent any advances made by the Dutch in the East Indies. After surveying
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|Contents |2008 |2009 |2010 | |Understanding Governance |Governance in Singapore |Guiding principles of governance|( | | | | | |Case study of Northern Ireland |( | | | | |Bonding Singapore |Internal and external | |( | | | |
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