The Olympic Games can become a good source of money for the hosting country. The benefits are divided into two major groups, the short term, or long term money flows. The short term money glows are the money that the hosting country gets by visitors. Visitors may go to the Olympics, visit museums, stay in hotels, etc. The long term money flows are divided into three minor categories. The first category is the creation of infrastructure for the Olympics that meets the global standards. The second one is the routine after getting international attention through the media coverage. The third category is the creation of educational youth programs in the country using the money you win with the Olympics. There can also be more job creations for many people in the country.
A rough conclusion can that hosting the Olympic Games can be seen as a “economic boost” to the country because of the high money flow you constantly get during and after the Olympic Games.
A rough conclusion can that hosting the Olympic Games can be seen as a “economic boost” to the country because of the high money flow you constantly get during and after the Olympic Games.
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