Chapter 18 of your textbook highlights the importance of sport in an economy. While there can be many benefits, the long-term effect of hosting international sport events needs to be considered. What happens to these arenas after the event is finished?
Your assignment is to read the following article – “Economic Impact of World Cup, Olympics can be a two-way street” and identify potential economic issues with the next two FIFA World Cups (Qatar 2022 and Canada-Mexico-USA 2026) based on trends with previous international sport events and your research on the preparations for the upcoming World Cups.
In an essay, you will highlight what you found along with answering the following questions. You must answer each question to complete this assignment.
• What new direct and indirect investments are being made for these events?
• What are the tangible economic benefits for each host?
• Would there be long term tourism impacts on the area as a result of hosting the World Cup?
• What are the potential legacy impacts for these events?
Your assignment must meet the following conditions:
Written using Times New Roman 12-point font (this ensures uniformity between all assignments)
Type your name (first and last) in the right hand corner. Do not use a cover page, no other assignment information is required. Do not copy the background information and questions prior to your essay because this information will not count towards meeting the page total.
Your essay can be no longer than 3 double spaced pages total and no shorter than 1 full (reaches the end of the page) double spaced pages.
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