Cost of terrorism – Effect of the September 11 attacks on tourism industry: 1The total economic impact of 9/11 is realistically immeasurable; however the world travel and tourism council has estimated the decrease of the travel and tourism demand world wide to be 10%. 2Job loss of 8.8 million people globally including airlines‚ hotels‚ tour operators‚ car rental and credit card companies‚ creating a 1.7% decrease of total GDP for the world economy. Terrorism is an inhuman act which is
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it does not express the uniqueness of a person’s personality. All people‚ throughout their life‚ form an understanding of themselves. All this identity one develops for themselves is grouped under the name of the person. Just like every person has a discrete proper name‚ indigenous people also prefer to be called by their proper name. For example‚ one cannot refer to all indigenous people as Indians or redskins. Every indigenous person associates themselves with a different group that call themselves
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Christopher Columbus had a huge impact on the American indigenous‚ mainly the Taino‚ culture‚ population‚ and way of life when he made the first colony in America in 1494 on Hispaniola. Before the first contact between the indigenous people of America and the Europeans‚ the Taino had flourishing and thriving communities throughout Haiti‚ Dominican Republic‚ Jamaica‚ eastern Cuba‚ Puerto Rico‚ the Virgin Islands‚ the Bahamas. These communities had crops such as yucca‚ sweet potatoes‚ maize‚ and beans
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Discuss the influence of globalisation on the Chinese economy and evaluate the strategies use to promote growth and development. Globalisation is the breakdown of trade barriers between nations to allow for the free flow of goods and services‚ ideas‚ communication and information. In the 1980s‚ China had implemented a series of economic reforms which allowed the country to better integrate with other nations in the region. This was endorsed by the government for the Chinese nation to develop itself
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Positive and Negative Impacts of the Industrial Revolution The Industrial Revolution was a change in the mid-18th century from small scale‚ domestic production of goods to machine-based‚ mass production of goods. It is usually thought of as having mostly or only positive impacts on Europe. Although the revolution did have many positive impacts‚ it had its fair share of negative impacts as well. Some of the positive outcomes included the overall increase in production and value of
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Business English group 1. Modulation Group Members. Gergö Ezter Chistina Fatou Dominic Topic: Climate Change and its Impacts on Tourism This report reviews the impacts of climate change for a wide range of international holiday destinations visited by UK tourists. Tourism as an industry is increasing in both volume and economic importance. Several places‚ that only a few years ago were inaccessible‚ are now becoming very popular holiday destinations. However‚ the ecosystems of many
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Globalisation GLOBALISATION: THE DEVELOPMENT OF A COUNTRY Globalisation: The Development of a country Abstract Globalisation plays a very integral part in today’s world. This article will show how globalisation has affected the foreign trade between countries. It will tell us about the types of economy that a country follows‚ that is Open Economy and Closed Economy along with an example of each country. This essay will critically evaluate the pros and
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The cultural impacts of tourism on the host communities The impact that tourism has on the cultural lives of communities is one of the most important issues debated by tourism researchers and academics today. There is an increasingly growing concern that tourism development is leading to destinations losing their cultural identity by catering for the perceived needs of tourists. Although they take longer to appear‚ the cultural consequences of tourist activity have the potential to be much
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Globalisation What is globalisation? According to OECD globalization is “The geographic dispersion of industrial and service activities‚ for example research and development‚ sourcing of inputs‚ production and distribution‚ and the cross-border networking of companies‚ for example through joint ventures and the sharing of assets.” Put simply this means the growth of MNC’s‚ international integration and increased free trade The key characteristics of globalisation are: 1. Free trade: a flow
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MAN 3350: COMPARATIVE INDUSTRIAL RELATIONS GLOBALISATION Towards a Definition Globalisation has become a buzz-word for political‚ economic‚ sociological and environmental trends that are said to present world-wide challenges. We need to be careful about how the word is used – and why. Two accounts of globalisation that some of you will have seen before: “the process that reduces barriers between countries‚ thereby encouraging closer integration of economic‚
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