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Economic impact of tourism Assignment
Economic impact of tourism Assignment
Order ID 53563633773 Type Essay Writer Level Masters Style APA Sources/References 4 Perfect Number of Pages to Order 5-10 Pages Description/Paper Instructions
Economic impact of tourism Assignment
Tourism is a major global industry that generates significant economic benefits for both developed and developing countries. It encompasses a broad range of activities, including travel, accommodation, food and beverage services, recreational activities, and cultural and heritage experiences. In this essay, we will explore the economic impact of tourism, both positive and negative, and how it affects the global economy.
Positive Economic Impact
Tourism contributes to economic growth in several ways. First, it creates jobs and employment opportunities in different sectors, such as accommodation, transportation, and food and beverage services. According to the World Travel and Tourism Council, the tourism industry accounts for one in every ten jobs worldwide, making it a significant source of employment. In some countries, tourism is the primary source of income and the largest employer.
Second, tourism generates revenue for national and local economies. When tourists visit a destination, they spend money on a variety of goods and services, including accommodation, food, transportation, souvenirs, and attractions. This spending generates income for local businesses and contributes to the local economy’s growth. The revenue generated by tourism can also be used to fund infrastructure development, such as improving transportation networks, building new airports, and renovating historic sites and monuments.
Third, tourism can lead to the development of new businesses and industries. For example, tourism can create demand for local products, such as handicrafts, food, and clothing, which can lead to the development of new industries and businesses. This can create employment opportunities, boost local economies, and promote cultural heritage.
Negative Economic Impact
While tourism has many economic benefits, it can also have negative economic impacts. One such impact is the “leakage” of tourism revenue. Leakage occurs when a significant portion of the money generated by tourism leaves the local economy and goes to foreign companies. This can happen when multinational hotel chains or tour operators operate in a destination, and the profits generated by their operations are repatriated to their home countries. Leakage can also occur when tourists buy imported goods and services, such as food, beverages, and souvenirs, rather than locally produced ones.
Second, tourism can create economic dependency. When a destination becomes heavily reliant on tourism as a source of income, it can lead to economic vulnerability. This is because the destination’s economy is heavily dependent on external factors such as global economic conditions, exchange rates, and political stability. Economic dependency can also lead to an over-reliance on low-skilled, low-paying jobs in the tourism industry, which can limit opportunities for economic diversification and upward mobility.
Third, tourism can lead to the displacement of local populations. In some cases, tourism development can result in the displacement of local communities, as land and resources are converted to tourist use. This can lead to the loss of traditional livelihoods, cultural heritage, and social cohesion. The displacement of local populations can also lead to social unrest and conflict.
Conclusion
In conclusion, tourism has a significant economic impact, both positive and negative. While it generates employment opportunities, revenue, and new business development, it can also lead to economic leakage, dependency, and the displacement of local communities. To maximize the positive economic impact of tourism, it is essential to develop sustainable tourism policies that balance economic development with environmental and social considerations. This can be achieved through a range of measures, such as promoting local products and services, supporting small and medium-sized enterprises, investing in infrastructure development, and protecting cultural heritage and natural resources. By adopting a sustainable approach to tourism development, countries can maximize the economic benefits of tourism while minimizing its negative impacts.
Economic impact of tourism Assignment
RUBRIC
QUALITY OF RESPONSE NO RESPONSE POOR / UNSATISFACTORY SATISFACTORY GOOD EXCELLENT Content (worth a maximum of 50% of the total points) Zero points: Student failed to submit the final paper. 20 points out of 50: The essay illustrates poor understanding of the relevant material by failing to address or incorrectly addressing the relevant content; failing to identify or inaccurately explaining/defining key concepts/ideas; ignoring or incorrectly explaining key points/claims and the reasoning behind them; and/or incorrectly or inappropriately using terminology; and elements of the response are lacking. 30 points out of 50: The essay illustrates a rudimentary understanding of the relevant material by mentioning but not full explaining the relevant content; identifying some of the key concepts/ideas though failing to fully or accurately explain many of them; using terminology, though sometimes inaccurately or inappropriately; and/or incorporating some key claims/points but failing to explain the reasoning behind them or doing so inaccurately. Elements of the required response may also be lacking. 40 points out of 50: The essay illustrates solid understanding of the relevant material by correctly addressing most of the relevant content; identifying and explaining most of the key concepts/ideas; using correct terminology; explaining the reasoning behind most of the key points/claims; and/or where necessary or useful, substantiating some points with accurate examples. The answer is complete. 50 points: The essay illustrates exemplary understanding of the relevant material by thoroughly and correctly addressing the relevant content; identifying and explaining all of the key concepts/ideas; using correct terminology explaining the reasoning behind key points/claims and substantiating, as necessary/useful, points with several accurate and illuminating examples. No aspects of the required answer are missing. Use of Sources (worth a maximum of 20% of the total points). Zero points: Student failed to include citations and/or references. Or the student failed to submit a final paper. 5 out 20 points: Sources are seldom cited to support statements and/or format of citations are not recognizable as APA 6th Edition format. There are major errors in the formation of the references and citations. And/or there is a major reliance on highly questionable. The Student fails to provide an adequate synthesis of research collected for the paper. 10 out 20 points: References to scholarly sources are occasionally given; many statements seem unsubstantiated. Frequent errors in APA 6th Edition format, leaving the reader confused about the source of the information. There are significant errors of the formation in the references and citations. And/or there is a significant use of highly questionable sources. 15 out 20 points: Credible Scholarly sources are used effectively support claims and are, for the most part, clear and fairly represented. APA 6th Edition is used with only a few minor errors. There are minor errors in reference and/or citations. And/or there is some use of questionable sources. 20 points: Credible scholarly sources are used to give compelling evidence to support claims and are clearly and fairly represented. APA 6th Edition format is used accurately and consistently. The student uses above the maximum required references in the development of the assignment. Grammar (worth maximum of 20% of total points) Zero points: Student failed to submit the final paper. 5 points out of 20: The paper does not communicate ideas/points clearly due to inappropriate use of terminology and vague language; thoughts and sentences are disjointed or incomprehensible; organization lacking; and/or numerous grammatical, spelling/punctuation errors 10 points out 20: The paper is often unclear and difficult to follow due to some inappropriate terminology and/or vague language; ideas may be fragmented, wandering and/or repetitive; poor organization; and/or some grammatical, spelling, punctuation errors 15 points out of 20: The paper is mostly clear as a result of appropriate use of terminology and minimal vagueness; no tangents and no repetition; fairly good organization; almost perfect grammar, spelling, punctuation, and word usage. 20 points: The paper is clear, concise, and a pleasure to read as a result of appropriate and precise use of terminology; total coherence of thoughts and presentation and logical organization; and the essay is error free. Structure of the Paper (worth 10% of total points) Zero points: Student failed to submit the final paper. 3 points out of 10: Student needs to develop better formatting skills. The paper omits significant structural elements required for and APA 6th edition paper. Formatting of the paper has major flaws. The paper does not conform to APA 6th edition requirements whatsoever. 5 points out of 10: Appearance of final paper demonstrates the student’s limited ability to format the paper. There are significant errors in formatting and/or the total omission of major components of an APA 6th edition paper. They can include the omission of the cover page, abstract, and page numbers. Additionally the page has major formatting issues with spacing or paragraph formation. Font size might not conform to size requirements. The student also significantly writes too large or too short of and paper 7 points out of 10: Research paper presents an above-average use of formatting skills. The paper has slight errors within the paper. This can include small errors or omissions with the cover page, abstract, page number, and headers. There could be also slight formatting issues with the document spacing or the font Additionally the paper might slightly exceed or undershoot the specific number of required written pages for the assignment. 10 points: Student provides a high-caliber, formatted paper. This includes an APA 6th edition cover page, abstract, page number, headers and is double spaced in 12’ Times Roman Font. Additionally, the paper conforms to the specific number of required written pages and neither goes over or under the specified length of the paper.
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