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Olympics Economic Impact Quiz

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Questions and Answers

What was the estimated increase in tourist spending during the London Olympics in 2013?

12% (correct)
15%
10%
8%

What financial burden did taxpayers face for the 2016 Rio de Janeiro Olympics?

$12.5 billion
$11.6 billion (correct)
$10.2 billion
$9.4 billion

Which of the following is NOT mentioned as an argument for hosting the Olympics?

Increased local economy
Reduction of tourist influx (correct)
Boosting national pride
Increased global standing

What is a significant concern associated with the infrastructure built for the Olympics?

<p>Total waste of resources (C)</p> Signup and view all the answers

Which statement best reflects the conclusion of the arguments regarding hosting the Olympics?

<p>There are clear advantages and disadvantages, with no definitive stronger side. (D)</p> Signup and view all the answers

Flashcards

Economic Boost from Olympics

Hosting the Olympics can attract visitors from around the world, increasing tourism spending and boosting local businesses.

Improved Global Standing

Hosting the Olympics can increase a country's global visibility and improve its international image.

Boosting National Pride

The Olympics can inspire national pride and unity, fostering a sense of shared accomplishment.

High Financial Costs of Olympics

Major infrastructure projects, such as stadiums and transportation systems, are often required to host the Olympics, which can result in significant taxpayer expenses.

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Waste of Olympic Resources?

After the Olympics, many temporary infrastructure built for the games may be abandoned or underutilized, resulting in a waste of resources and money.