Positive Effects of the Olympic Games

It is evident that hosting the Olympics games is no walk in the park. The countries trusted with this task have to spend billions to make the games a reality. Some people believe that the countries, even after spending billions of dollars benefit from the games, while others believe that the money can be spent elsewhere more efficiently. To reach a conclusion, one must study all of the different impacts in all of the different sectors the games have.

When Australia won the bid for the Olympics, the total estimated cost for Sydney to host the Games was $3 billion.

According to the text, on Olympic.org (2017), the Olympic Games are one of the most effective global marketing platforms reaching billions in over 200 countries and territories. Corporate partners help provide vital technical services, product support, Games staging, and operations of every organization within the Olympic Program (Olympic.org, 2017). Olympic sponsorships create images of brand goodwill, build awareness and communicate messages, and afford employee reward and client entertainment opportunities (Keller, 2014). These

First of all, I would have to waste a lot of money. For example, in the first article it said athletes (or their parents) waste around $100,000 to $250,000 thousand over the years, so I would rather waste my money on something else. Moreover, since being an Olympic athlete you have to travel to many events, so you would end up wasting a lot of money

Have you been thinking about the olympics lately, because I have. The reason I am researching this is because of the rumor of keeping or getting rid of the olympics. The main reason that I am researching the olympics is because the olympics might be hosted in Denver Colorado.

Some people believe that hosting the Olympics in Boston is a huge responsibility for the city because of many things. For example, it’s a huge risk because the country will invest a lot of money . So for some people the Olympics is, economically, not worthwhile in the slightest, and the games are ridiculous expensive due to money that the government will spend for the construction such as ; building stadiums, the construction of the infrastructure of the country to cater the needs of the athletes or sportspeople. Also a lot of people think that Olympics will affect the population of the Boston for about a month or two because if lots of people go, the city will be very crowded which creates lots of traffic and disrupts the daily life of the citizens. Besides that, some other people see that

"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

Big sporting extravaganzas are always meant to be good for the host city. It's how the evangelists that make up the bid committees sell it to governments and residents. And during the bidding process and the lead-up to the games, whether they be Olympics, Commonwealth, or PanAm/ParaPan, everyone gets worked up into an optimistic froth about how awesome all the new stuff they're getting is going to be.

Countries utilize both the vast market and the attractiveness to increase ticket sales, sales in merchandise and tourism in their country. For the 2012 Olympic in London, it was estimated that 471,000 people visited from overseas primarily for the Olympic/Paralympics. ("Visits to the UK for the London 2012 Olympic Games and Paralympics - ONS", 2013, p. xx-xx) Not only does the country benefit from the ticket sales, but other businesses in the city (Hotels, restaurants, attractions, etc.) will flourish in business due to all the international trades that are occurring. The Olympic also provide jobs since the preparation, and the execution of the event requires a large staff as well as people with different skills. (Performers, construction workers, marketers, designers, etc.) Thanks to the Olympics, the United Kingdom saw a boost of £9.9 Billion ($17,805,486,600 CAD) in trades and investments. ("London 2012 Olympics 'have boosted UK economy by £9.9bn'", 2013) Hosting the Olympics can also make a psychological impact. With the great success Japan had in hosting the 1964 Olympics, (the first Asia Olympics as well as a method of being reaccepted by the rest of the world after World War Two), news that Japan will be hosting the Olympics 2020 significantly brought their citizen’s morale up after being hit with

An historic mega event such as the Olympics brings together nations from all over the globe to encourage young athletes by creating national pride, as well as celebrating sport. The first modern Olympics was held in 1896, encouraging cities across the world to compete, and host the event. Canada has hosted the Olympics three times in the past: summer in 1976 in Montreal, the Winter Olympics of 1988 in Calgary, and most recently, the 2010 Winter Olympics in Vancouver (Junyk, 2016). This paper will explore the costs and benefits of the possibility of Calgary hosting the Olympic games. The position I take in the paper follows, Calgary should host the 2026 Winter Olympics, due to considerations of past records of the mega-event being hosted by

Since the second half of the twentieth century, the extreme magnitude of the Games has made them a tool for economic development and social regeneration. This comes with a gigantic price tag for infrastructure, security etcetera, leaving host countries with large debts and maintenance liabilities.

This is estimated to generate an additional two and a half billion dollars in tourism exports (Arthur Anderson/CREA,1999, p 2). The Olympic games have also provided an important boost to employment. The Olympic Co-ordination Authority(OCA) estimates that more than 35,000 people have worked on Olympic Co-ordination Authority construction sites since the first project at Homebush Bay was started. It is estimated that since the Olympic Co-ordination Authority was formed in 1995, over twelve and a half million hours have been worked on Olympic related projects. There will also be multiplier effects. According to the Olympic Co-ordination Authority, every job created on a construction site created two more off site for suppliers, material producers and transport workers. (Olympic Co-ordination Authority,1999, p5.) The Olympics also boosted North South Wales’ employment by 5,300 in an average year of the 12 years representing the Olympic period. In addition 2,200 jobs were created outside North South Wales over the same period (Arthur Anderson/CREA, 1999, p3).

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.

Olympic Games, as a global event, any Olympic Games will have a different impact on the environment, society, culture and economy of the host city and country. Especially since the 1980s, with the scale continues to expand, the impact of the Games on the host city and country of more concern. Another important issue will be social communities. For Olympic Games host city, it will has lots of change, like environment, social communities, local economic, etc.… But the host city still got something attractions and cultural staff. For example, Canada Whistler Winter Olympic Games, First, because of economic development, job opportunities increase, leading to increased consumer demand. Second, the Olympic Games will have a great demand for

The mega-events not only impact the host region but also the neighbouring regions, which is an idea neglected in much of the economic impacts research. Neighboring regions can provide travel opportunities and accommodations for tourists to the mega-events. During the 2012 Yeosu Expo, due to the peak visitor periods, Yeosu city could not meet the demand for accommodations. Therefore, overnight visitors had to stay in the neighboring regions. Furthermore, the accommodations relatively at a lower price compared to Yeosu city also encouraged visitors to stay in the neighboring regions (Lee, Mjelde & Kwon, 2015). The research suggests that cooperation between the host community and the neighbouring regions contribute to increase the