What are the economic impacts of tourism?

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Tourism can be an incredible boon to any economy. This is one of the reasons why cities bid to host the olympics. They know that if they get the bid, they will get so much money. Think about all the tourists. Restaurants, businesses, hotels, any service industry and more will...

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Tourism can be an incredible boon to any economy. This is one of the reasons why cities bid to host the olympics. They know that if they get the bid, they will get so much money. Think about all the tourists. Restaurants, businesses, hotels, any service industry and more will all benefit. Some places are almost entirely based on tourism, such as some beach places in Florida, where there is no industry except tourism. On the flip side, if tourism takes a hit, then it can destroy an economy and hurt many lives.

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