10 Questions
True or false:Visitor exports refer to spending by domestic tourists in a country.
False
True or false:Direct effects of tourism come from investments in tourism and purchases from suppliers.
False
True or false: Induced effects in tourism refer to the collective spending of direct and indirect employees.
True
True or false: Induced effects of tourism refer to the collective spending of direct and indirect employees.
True
True or false: Dynamic effects in tourism refer to short-term effects like job creation.
False
True or false: The tourism value chain includes only suppliers of needed inputs.
False
True or false: Measuring tourism's economic contribution is easy because it's embedded in the services sector.
False
True or false: Measuring tourism's economic contribution is easy because it's embedded in the manufacturing sector.
False
True or false: The tourism value chain only includes suppliers of accommodations and entertainment.
False
True or false: The main beneficial impacts of tourism on the economy include job creation, livelihood generation, tax revenues, and economic regeneration.
True
Study Notes
- Tourism has four types of economic impact: direct, indirect, induced, and dynamic.
- Direct effects come from tourist spending on commodities like accommodation and entertainment.
- Visitor exports refer to spending by international tourists in a country.
- Indirect contribution comes from investments in tourism and purchases from suppliers.
- Induced effects are the collective spending of direct and indirect employees.
- Dynamic effects refer to longer-term macro-level effects like infrastructure improvement.
- Measuring tourism's economic contribution is difficult because it's embedded in the services sector.
- The tourism satellite accounting system (TSA) is used to measure economic contribution.
- The main beneficial impacts of tourism on the economy are job creation, livelihood generation, tax revenues, and economic regeneration.
- The tourism value chain includes suppliers of needed inputs and entities that benefit indirectly from tourism development.
Test your knowledge on the economic impacts of tourism with this quiz! From direct spending to dynamic effects, learn about the different types of economic contributions tourism can have. Discover how the tourism value chain works and the challenges of measuring tourism's economic impact in the services sector. See if you can identify the main beneficial impacts of tourism on the economy, such as job creation and tax revenues. Take this quiz to expand your understanding of the economic role of tourism.
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