Evaluate the Economic Consequences for the UK Economy of the 2012 Olympics When Jacques Rogge announced‚ on the 6th of July 2005 that London would be the 2012 Olympics host city it was met by jubilation across the United Kingdom. During the “Boom” years‚ the Olympics were seen to be a great opportunity to exhibit the United Kingdom to the world and bring in a huge boost to the UK economy. However‚ now the Olympics are taking place during the worst financial crisis since the 1930s and with the
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head: 2012 London Olympics In the year 2005‚ London ‘s Mayor Ken Livingston signed with the International Olympic Committee agreeing to have his city for the 2012 Summer Olympics. The contract signed is an impressive masterwork of micro-management. When a city or country receives their set of 33 “Technical Manuals”‚ they find it hard to store while it takes up more than four feet of bookshelf space. Also‚ to go along with its technical manual‚ London must comply with the Olympics terms. London must
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A very fascinating mural called the "Going to the Olympics" by artist Frank Romero was displayed on a wall in the city of Los Angeles for numerous years. The beauty of his art roused countless other artists and proved to be one of the most beautiful works of art in L.A. Within the mural‚ Romero included significant factors that would show L.A.’s history with the Olympic games. For instance‚ the stamp commemorates the 1932 Olympics that was hosted in the city. The iron from a fictional
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When Barcelona was selected to host the 1992 Summer Olympics‚ the city (as well as Catalonia and España as a whole) welcomed the incredible opportunity. In addition to the obvious nationalist pride and international recognition hosting the games entails‚ their excitement was also fueled by the potential that the opportunity represented. As the International Olympic Committee explains in their “Factsheet – Legacies of the Games‚” recent Olympic games have resulted in “long lasting legacies for their
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The Olympic Games has become an international multi-sports event held every four years in different cities throughout the world (Answers‚ 2006‚ Internet). According to the Olympic charter‚ the goals of the Games are to encourage peace‚ harmony and to enhance a better world through sports among countries (McGeoch & Korporaal‚ 1994‚ 7). However‚ its economic and social impacts are also the prime concerns. This essay will focus on the benefits as well as the problems that staging the Games bring to
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The Economic Effects of the Olympics The Olympic Games is a sporting event that attracts worldwide attention. People travel from different parts of the world to participate in the Games‚ or to watch and support. Countries that are hosting the Games have to prepare to welcome this great number of visitors. They also have to set up all the equipments that would be needed. Hosting the Olympics is an expensive project‚ and it always leaves an effect on the host country. These effects may or may not
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Beijing 2008 Olympic Sponsorship By Serena Gao Beijing 2008 Olympiad is not only a stage of athletic sports‚ but also brings a wide stage to the enterprises which want to propagandize themselves by dint of the Olympic Games. The Beijing 2008 Sponsorship Program consists of three tiers of support‚ including the Beijing 2008 Partner‚ the Beijing 2008 Sponsor‚ and the Beijing 2008 Supplier. Up to 8th Jun 2008‚ the Beijing Organizing Committee for the Games of the XXIX Olympiad (BOCOG) has signed
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INTRODUCTION As part of the London 2012 Olympic Games the Great British Government presented a legacy that they hoped would aid them to win the bid to host the games. This included what they hoped would become beneficial long-term effects socially and economically for Great Britain. One of the claims made the government was: ‘Harnessing the United Kingdom’s passion for sport to increase grass roots participation‚ particularly by young people – and to encourage the whole population to be more
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The Olympics‚ everyone has heard of them or even seen them at one point in their lifetime. And in the more recent years the Olympics has added many many new sports to the roster. So today when I was asked to think of a sport to put in the Olympics‚ I thought about what I really wanted to see get recognition that requires a team of people to work together to win. A new phenomenon called Esports emerged out of this desire for a team games get tournament. Now I know you’re thinking‚ what are these Esports
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The Olympics Games were athletic competition held in Greece from 776 BCE to 393 CE. They took a hiatus before starting up again in 1892. Once the modern Olympics had begun in 1892‚ it had effects on society. These effects include a social change of unifying people across the world of the same and different genders‚ a cultural change of a strong passionate desire to beat the other countries to win the gold‚ and an economic change of the Olympics costing billions of dollars to the host city. In
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