Personal Narrative: The Real Cost Of The Olympics

As I was watching this year’s Winter Olympic games in PyeongChang, South Korea, was amazed at all the workers, buildings, and other various infrastructure that went into these games. It was quite spectacular of a show. I remember the 2008 Olympic games in Beijing, china, as one that stands out to me in the design of the “birds nest”, and the exquisite opening and closing ceremonies. Along with having a huge performance, and the infrastructure behind it means a lot of financial efforts. After watching for a couple days of this year’s Olympics my brain jumped to the thought of, “I wonder how much the Olympics cost?”. Well it turns out that is a pretty good question. I found many answers of close estimates of the true cost, but what I was most intrigued was the budgeted cost vs the actual cost, and what the …show more content…
What do all those things have in common? You probably use those items every day, so the cost of use or investment will eventually pay off, or so I hope anyway. Well what do you do with the infrastructure that was built in the 43 different cities hosting the Winter and Summer games? Now imagine that you bought a billion-dollar item that you would use for sixteen days, and never use again. Is that the smartest way to go about repurposing/ reusing the buildings built for the Olympics? That is going to be the major factor to the question of if the Olympics is worth hosting. Though from an economic standpoint the Olympics may not be worth putting on, but I know from a fan standpoint it would be greatly missed, and the sports industry would collapse. I hope these numbers with standout to you in hopes that you think about the importance and economic impact the Olympics have on the global level. Not only do they bring in tens of thousand of live audiences, they also united over half the planet in watching their fellow country men and women in their respective sport. How important are the Olympics to