Olympic Games And The Olympics

The Olympic games originated in Athens in 776 B.C. The more popular modern day Olympic games began nearly 2300 years later in 1896. The games no longer represented a religious festival, but a sports competition instead. The games can be studied via multiple aspects such as political, social, and economic, but this paper will concentrate on the economic aspect of the games and more specifically, the macroeconomic impacts the games possess.

There are quite a few factors that shaped the modern-day Olympics from 1892 to 2002. Pierre de Coubertin states that he wanted to create the Olympics to spread world peace. He does this by substituting war for friendly sports competitions (doc 1). Of course, there were some bumps in the road while trying to achieve this utopia. Some factors that have changed the Olympics are the allowing of women being able to compete in the Olympics, women’s suffrage, nationalism, wars, and economic conditions (doc 2-7).

Throughout the history of the Olympic games, there has been many changes on how the Olympic Games has come to be interpreted and how they are generally viewed in our modern era. These views range from, Nationalism fueled by the Olympic Games, Women trying to create equality through the Olympic Games, Economic supremacy shown by the Olympic games and the responsibilities held by countries and the self-preservation of a country when presenting the Olympic games. Each view states an interpretation of the Olympic games through the years of 1892-2002 showing a distinct view on the Olympic games depending on the times they were hosted at such as when the Olympic Games were hosted when women weren’t equal to men or who the Games were hosted

There are many factors in every country that transform the impact of the Olympic Games, but in general, the economic costs outweigh the benefits, while the social impacts are mostly positive. As such, countries in general should not host the Olympic Games for their own national interest, but they should first understand the impacts of the Olympics in relation to their own country before making a final

When a country is selected to host the Olympics, they prepare years in advance for the games. Many times new stadiums, housing complexes, and training facilities are built yet the games will only last a few weeks. Billions of dollars are poured into assembling all the necessary components for this giant event but many people argue that all the money being spent on this event could be used to better the nation. For example, when the Olympics were held in Athens, facilities were built from the ground up and looked amazing while in use. However, after the games ended, the venues were hardly used and were just a burden to the country. As a result, countless Greek citizens criticized the government for their poor use of money. To add insult to injury, the money gained from the games did not equal or surpass the money spent, resulting in more criticism from various people. Same situation with Brazil, many areas inside of this country are populated, poor, and rundown but the national government still decided to host the games. Billions of dollars were spent to ready the country instead of actually helping improve it for

Although the original ancient Olympic Games can be traced back to 776 B.C, Homer’s Iliad indicates they may have existed as early as the twelfth century BC. The Games were then continued for twelve centuries and were devoted to Olympian deities. Olympia turned into the site of these memorable ancient Olympic games that scattered the seeds for the largest global sporting events of current times, the Modern Olympics. The location of the Ancient Olympics is situated in the western part of Peloponnese. The Ancient Olympic Games continued until 393 A.D when Emperor Theodosius I of Rome discontinued them. There were not any more Olympic games for fifteen hundred years before they were resurrected in 1896 in the city of Athens. The man in charge of the recreation of the Olympic games was a Frenchman named Baron Pierre de Coubertin, who introduced the thought in 1894. He proposed to stage the games in Paris in 1900 but representatives, from thirty-four nations were so captivated with the idea that they persuaded him to move the Games up to 1896 and have Athens serve as the host.

"The Olympics are a wonderful metaphor for world cooperation, the kind of international competition that's wholesome and healthy, an interplay between countries that represents the best in all of us,” said John Williams, the composer for theme music for the Olympics (8). The Olympic Games are international sports festivals that began in ancient Greece. The first ancient Olympics can be traced back to 776 BC when people held this religious festival to honour Zeus, the father of all the Greek gods and goddesses. The participants were male citizens from Greece, and these athletes participated in only one event — foot race. Unfortunately, this ancient Olympics did not last forever. The first olympic in 776 BC in Olympia was an significant event

While there are clear contrasts between the ancient and the modern Olympics there is still the respect for the athlete striving to perform at the highest level. Today, the Olympic Games are the world's largest carnival of athletic skill and competitive spirit. They are displays of nationalism, commerce, and politics. These important elements of the Olympics are not a modern invention, as the first Olympics was in 776 BC in Ancient Greece. After 1503 years, in 1896 the Olympic Games were recreated as what we know today. The Ancient Games were once dedicated to the Olympian God, Zeus Olympios and were staged on the ancient plains of Olympia, which is also how the word ‘Olympics’ originated from. The modern Olympics is the largest international sporting event, which feature both summer and winter sports competitions in which thousands of respectable athletes from over 200 different nations compete against one another. There are clear contrast between the modern and ancient forms of the Olympic Games regarding uniforms, participants, religion, events, politics and the concept of amateurism. However both the Ancient Greeks and the people in the modern world still respect and admire the athletics achievements of the participants making the Olympics the most highly regarded contest in sport.

With over two hundred countries participating, the Olympic Games is easily considered as one of the largest multisport event known to history. The Olympics are held at a different country, and even more rarely at the same city. For a country to be chosen to host the Olympics, the country’s National Olympic Committee (the country’s representatives for the Olympics) nominates a city (from the country they represent) that they think has potential in hosting the Olympics nine years prior to when they wish to host the Olympics. It is a two year process that consists of: Application Phase, Candidate Phase and the Election of the Host City. The country that wins the election is given seven years to prepare for the Olympics. (International

Where and when did the Olympics begin? What events did they compete in? Are our Olympic events the same as theirs were? How often did they have the Olympics? The Olympics started in 776 BC by the Greeks. Every four years lots of people, including me, love to watch the summer and winter Olympics. It has many great and exciting events that our own country participates in by having the best athletes represent their country and, compete in a series of events to bring home a gold, silver, or bronze medal.

Every four years a different country hosts the Olympics. Every two years its either the Winter or Summer Olympics. It is two thousand sixteen and in August, everybody eyes are going to be glued to their televisions when Rio host the two thousand sixteen Summer Olympics in Brazil. Many cities around the world put bids in advance to hold the Olympics. The Olympics are a big deal and you have to have the resources to host it. You need to have facilities for the sports, transportation, Olympics villages for the athletes to stay, a stadium for the opening and closing ceremonies, and most of all money. Cities tend to lose money when hosting the Olympics. Sometimes the facilities they use get abandon and are never used again. They are many reasons for a city to host the Olympics, but there are three reasons to not. Reasons for not hosting it because it is expensive, there no guarantee of profits or increase tourism in the host city, and to many buildings being left abandoned

With the Olympic games being held in Sydney this year, I wondered if perhaps the performance of the economy was being affected in part by the fiscal stimulus provided by Olympic construction in Sydney and other parts of the country. Australia’s economy has been performing well recently, suggesting that there might be some effect. Over the last five years, growth in Australia’s gross domestic product has averaged 4.35%, almost a full point above it’s thirty year annual average of 3.5%, and the unemployment rate is near a ten year low. According to one estimate, the Olympics will tack on an additional six and a half billion dollars, about 1.6% of the GDP, to Australia’s GDP over the

Higham (1999) discusses that there are numerous problems, which will be evaluated with hosting an Olympic games such as, development issues, local resident issues, short-term affects, and security issues. In terms of development issues, there is a significant cost dealing with large scale sporting events, and economic benefits are generally received more by big time business interests not the host community. So the host community doesn’t benefit as much as they potentially could by hosting the

First of all, the first modern Olympics were held in Athens, Greece, in 1896. The man responsible for its rebirth was a Frenchman named Baron Pierre de Coubertin. Today, the Olympic Games are the world's largest pageant of athletic skill and competitive spirit.

The Olympics have come up with a problem and need a solution fast. The problem is whether the Olympics should have a permanent home or even multiple homes. Or should they stay the same where any country can host the Olympics? Before answering the question think of where and why the Olympics started. Ancient Greece is the birthplace of Olympics about 800 BC and they were later revived in the late 19th century. The first modern Olympics were in 1896 in Athen with 280 participants from 13 nations in 43 events. “The purpose of the modern Olympic Games is to promote peace and unity within the international community through the medium of sports”(reference.com). This quote is exactly right, permanent home deprives countries the chance to show national pride. There are other bonuses to not having permanent homes. It can help a failing country's economy become better and allows them to make history beyond sports. However permanent homes reduce cost of new facilities and it will reduce facilities being abandoned after the games.But in the end hosting the Olympics in different countries allows them to show pride, make history and boost economies, even with the expensive cost.