London 2012 Olympics Research Paper

Eap1 WW Term 165.
Essay #2 Final Draft.
Name: Meera Talafha.
Instructor: Mrs. Patricia Krejcik.
Friday 9/30/ 2016

Sports is a passion for many people around the world. Millions of dollars are spent to host the mega-events like the Olympics. There are many contradictory views about the reasons that make the country want or be unwilling to host the Olympic games. The question that arises here is whether the impacts that will be reflected on the economic and social position in the host country are worth to take this risk.
At the outset, I would like to shed light on the reasons that push the country to host the Olympic games. Economically, This country will necessarily be the focus of the investment attraction from everywhere. There are two
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As a consequence, hosting the Olympics is a good opportunity to create new jobs whether these jobs are permanent or temporary ones. To illustrate this point, London 2012 Olympics has created almost million jobs, where about 200,000 jobs which were created at the time of the Olympic games (Prynn,2012, para.12).In addition, the money is earned the host country from sports tourism. For example, Beijing 2008 Summer Olympics received 6.52 million tourists, as well as 382,000 from foreign countries. It was estimated the total profit of sports tourism during this event in china about $23 million (chinaview.cn, 2008, para.1&2). Socially, improving city 's infrastructure and transportation services as a result of the repairs that are done to receive the Olympic games is necessarily made the city more beautiful. To elucidate this point, the ice skating venues that were established for the 2014 winter Olympics in Sochi , the old summer capital of Rusia, look like …show more content…
Some of the host countries such as china and Britain could make a lot of profit because they put good strategic plans depending on their budgets and put comprehensive study that presents the benefits that be gotten for hosting the Olympic games (chinaview.cn, 2008), (Prynn, 2012). On the other hand, the advantages of the Olympic games hosting may be unlike the country expectations where the costs are higher than real benefits. Greece and Brazil are suffering from increasing public debt and the economic problems so their importance should not be the preserving their sports history but they have to take into account of the risk that would have over the host country (Malkoutzis,2012), (Waldron,2016). It can be said that hosting of the Olympic games is a double-edged

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