How Does The Olympic Games Affect The Economy

Decent Essays
Induced Economic Benefits
The Olympic Games can provide the economic benefits not only direct and indirect benefits but also induced benefits. Induced economic benefits are the results of the direct and indirect economic benefits. Because of the direct and indirect economic benefits, the Olympic Game have improved the infrastructure and economic environment in the local, even whole the country. Subsequently, the induced economic benefits that can enhance the host countries’ economic image and promote employment after the Games. induced effects are the results of increased personal income caused by the direct and indirect effects. Businesses experiencing increased from the direct and indirect effects will subsequently increase payroll expenditures.

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