How Does The Nba Affect The Economy
Quadirah Brown
Professor Vanderhoof
English 050
NBA Affect's on the Economy. Is a bunch of angry men the only thing the NBA lockout will have a impact on? Will the lockout put our economy in an even bigger hole? Could the NCCA benefit from the lockout ?
Will it effect those who aren't sport fans?
The NBA lockout is starting to have a big negative effect on the economy. One way the economy is affected by the NBA lockout is the tax dollars the economy lost from the NBA. This has a really strong impact on the economy because with these tax dollars being deducted the money that was distributed to the economy is now gone. Therefor the company the government provides money for will decrease its revenue, and eventually have to cut back on jobs to balance out their accounting sheet. From these actions you can predict what comes after that, unemployment which is already a issue to the economy. Money that the government provide are known as government funding programs which consist of programs for : welfare, jobs, housing, and medicine. If these programs were taken away from the consumer …show more content…
The tax dollars not only help the economy, financially disable, and government programs; they also help the world as a whole. People don't understand how much tax dollars makes a different in the world. Tax dollars also distributes to wars, nasa, and colleges. This may seem over dramatic but athletes are the highest tax payers since their salaries are so big. If wars were not able to be funded anymore what will that lead to? First we wouldn't be able to defend ourselves against other countries. Without money for weapons we would only be able to bring fist to a gun fight, and that doesn't end well. College is also another tax dollar assistant because many student receive federal
Professor Vanderhoof
English 050
NBA Affect's on the Economy. Is a bunch of angry men the only thing the NBA lockout will have a impact on? Will the lockout put our economy in an even bigger hole? Could the NCCA benefit from the lockout ?
Will it effect those who aren't sport fans?
The NBA lockout is starting to have a big negative effect on the economy. One way the economy is affected by the NBA lockout is the tax dollars the economy lost from the NBA. This has a really strong impact on the economy because with these tax dollars being deducted the money that was distributed to the economy is now gone. Therefor the company the government provides money for will decrease its revenue, and eventually have to cut back on jobs to balance out their accounting sheet. From these actions you can predict what comes after that, unemployment which is already a issue to the economy. Money that the government provide are known as government funding programs which consist of programs for : welfare, jobs, housing, and medicine. If these programs were taken away from the consumer …show more content…
The tax dollars not only help the economy, financially disable, and government programs; they also help the world as a whole. People don't understand how much tax dollars makes a different in the world. Tax dollars also distributes to wars, nasa, and colleges. This may seem over dramatic but athletes are the highest tax payers since their salaries are so big. If wars were not able to be funded anymore what will that lead to? First we wouldn't be able to defend ourselves against other countries. Without money for weapons we would only be able to bring fist to a gun fight, and that doesn't end well. College is also another tax dollar assistant because many student receive federal