The Olympic Games first started at Olympia in Greece in 776 BC. At that time‚ the games held were organized into festivals. There was a peace agreement called the scared truce between the city-states of Elis and Pisa. The reasons for hosting the Olympic Games at that time fall into three obvious aspects —— the honour of competing‚ the opportunity for trade and also‚ for peace. The reason why cities bid to hold the Olympics now are more complicated than in ancient time. But the main reasons remain
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The Olympic Game is a mega-event in the world‚ it represent the spirit of friendship‚ peace and solidarity. Today‚ the Olympic Games are just a little different than in ancient times. More than two hundreds nations participate in it‚ and compete to bid for hosting the Olympic Games to gain benefits (Toohey & Veal 2007‚ pp.1-4). It is therefore suggested in this essay‚ nations consider that hosting Olympic Games can bring benefits beyond economic profits to country. Infrastructural development
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will continue to bid for 2020 Olympic Games despite the European Debt Crisis.In fact‚ Spain has lost three opportunities for hosting the Olympics and expects to boost their floundering economy as well as providing more employment position through conducting the Olympics.The value of hosting Olympics has been extolled loudly by the candidate host country. Does holding the Olympic Games really bring benefits for the host country? It may be stated that hosting Olympics may increase the expenditure of
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9/5/12 Is it Worth the Costs to Host the Summer Olympics? The Summer Olympic Games are some of the most prestigious‚ and most watched sporting events on the planet that are all mixed into one huge international event. With this prestige come the best athletes in the world‚ ranging from track and field and swimming‚ to table tennis and equestrian. All of these athletes come together every 4 years‚ to a city that is picked by the International Olympic Committee. To host all of the best athletes in
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London. The IOC (International Olympic Committee) awarded the city of London the right to stage the 2012 summer Olympics after fighting off fierce competition (Adam‚ 2005). The bid for the games has always had loud political undertones that were obvious during the bidding process. Some of the arguments raised included the benefits and negative effects hosting the games could bring. This paper examines the economic benefits and costs of hosting the Olympics. The net benefits are found to be positive and
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| How can hosting the Olympic Games positively or negatively affect a city? | Hosting the Olympic Games | | Floyd Ellison | Andrew Clink | | How can hosting the Olympic Games positively or negatively affect the host city? There are many different views on this subject and this paper shall analyze many if not all of them. The Olympics are a fun and exciting event for a city to be a part of. But can a city really benefit from hosting The Games in the long run? To complete my paper a
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the largest event in professional soccer‚ is intense‚ with dozens of countries vying for the quadrennial tournament. In 2010‚ the games were hosted by South Africa. While there are a number of advantages to hosting the games‚ such as publicity for the host country and increased revenue from tourists‚ there are also a number of potential disadvantages. Expense Hosting the World Cup costs the host country an enormous amount of money. For the 2010 tournament‚ the initial projections for costs were
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There are both advantages and disadvantages for cities hosting the winter and summer Olympics. Let’s first take a look at some of the advantages the winning host cities can expect to enjoy when they host these high profile events. According to Chung and Wan Woo (2011) mega-events such as the Olympics have typically been viewed host countries as opportunities for economic growth and revenue boosting. Research has shown that hosting mega-events affects host country in terms of consumer awareness and
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What have been the (economic) benefits of the 2012 Olympics Games? The 2012 Olympic games have had strong advantages and disadvantages on the economy and the country as a whole. The Olympic games brought a significant amount of benefits to the UK‚ both on the financial and social side. For example: due to the tourism it included or the transport improvements for the population. The UK hosting the Olympics did also propose a disadvantageous side to the country for several reasons‚ such as: many
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The Olympic Games are a significant event not only in today’s society but also in the lives of the ancient Greeks‚ with its origins stretching way back to the classical time. The Ancient Olympic Games were primarily a part of a religious festival that honoured Zeus‚ the father of the Greek gods and goddesses. They were an athletic event that was held every 4 years and began in the early 700 BC. The Ancient Olympic Games were held at Olympia‚ which is in the south-west of Greece‚ and involved a series
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