Introduction. Economic growth is the increase in the level of potential output in the economy over a period of time and it can be shown by a rightward shift in the production possibility frontier (PPF) (Graph 1) and this will also shift the long run aggregate supply Jun 12, · Home — Essay Samples — Geography & Travel — Hospitality — Factors Affecting the Growth of Hospitality and Tourism Industry This essay has been submitted by a student. This is not an example of the work written by professional essay writers However, economic growth has also had negative impacts on society. This essay shall discuss both the positive and negative impacts economic growth has had, using practical examples to illustrate these
American economic issues essay
Any subject. Any type of essay. This is because economical condition can affected such as values of money, demand in the industry, supplier in the industry and many more. Inconstancy of the economies give such a big impacts towards the demand and supply either to globally or local areas, essay on economic growth.
It is because the money currency will falls and job opportunities will also decreased. So peoples are forced to cut extra costs and focus more on their basic needs because of diminishing of money. When the economic condition is healty, essay on economic growth, the money currency will raise and the employment opportunities will also increased. People will have more money to spend on traveling. At the same it can be amplifying and developing our industry.
However, the world economy is back on track and the demand kept increasing day by day. Environmental factors The meeting in Copenhagen in was to discuss ways to avoid global warming.
As with other industries, this industry also faces problems. For example, they need to solve the problem for an eco-friendly business. Below is an environmental issue that impacts the tourism industry and needs to be resolved by the parties involved and is looking for long term solutions. The problem of greenhouse gas emissions is a major apprehension for the industry. The aviation industry is working to solve this problem, by launching a new aircraft that uses a more quality engine to expose carbon emissions, essay on economic growth.
Nevertheless, only a few airlines are capable of doing so, as some small airlines are unable to buy new aircraft. Figure tourism, people can travel to unpredictable places by air transportation, as it makes travel costs much cheaper.
This leads to the areas of environmental interest and the historic area to be overcrowded and ecosystem stresses also occur and it threatening the environment of flora and fauna. Climate change also give a enormous impact on this, because tourists will not choose a destination that has an uncontrollable climate and a bad climate.
And of course the area with good climate will be a tourist destination. The impact, the ecosystem in the area is very dangerous. Subsequent is logging, there is still massive logging in essay on economic growth areas although this issue has been discussed around the world. This also causes tourist areas to be threatened by the destruction of flora and fauna. Because those in the industry will be depressed because they need to find ways to make a business that can be made and environmentally friendly and it is very complicated.
For example, essay on economic growth, can the hotel industry build a more eco-friendly hotel? Finally, human encroachment, such areas as protected national protected areas have been invaded by humans.
And the quantity is increasing. It causes wild animals to look for villages to essay on economic growth their habitat. Indirectly, many of the residents about their livestock were killed by wild animals. This can also be attributed to why wild animals are considered a threat. And then the area will be considered an unsafe area to travel. So hunters, hunt wild animals and cause wild animals to look for other habitats to avoid the extinction of their species.
One of the hot topics discussed around the world is about environmental. Various companies have spent millions of dollars just producing eco-friendly products. For instance, essay on economic growth, electric cars are replaced with petrol cars. Transport can also attract tourists to travel to a good Countries, and there are some general agreements that the more developed the country and the better transportation system there will be many tourists coming.
Whenever a State essay on economic growth serious action in the transportation needs such as road renewal, stretch the road and increase the road. The sea and air transport systems are also ineffective because air transport has become a major tourist destination. Tourism development will continue to grow as transport elements continue to be practiced properly and government agencies should care about essay on economic growth importance of transportation for the development of the hospitality and tourism industry.
Hospitality and Tourism is one of the major industries in the world. Therefore many countries either in urban areas or ruraly areas will take an oppurtinities to gain more profit from our industry. Infact, many countries produce more transportation day by day to bring an external or internal tourist travelling from one place to one place. If observed at the statistic of the world tourism organization. We can see that the ratio of tourism is changing and rising rapidly between and In the arrival of international tourists has increased by million.
It caused world economic profit also increased up to billions. Technology factors Technology is one of the strongest factors in the development of industry hospitality and tourism.
Day by day, the technology sector being more advanced against various types aspects such an internet, mobile phones and laptop that we can bring anywhere and anytime, essay on economic growth. Internet has a huge network around the world. It help people to stay connect to their acquaintance, research some new things, buying somethings, and many more easily.
Internet advancement has given a great impact towards hospitality and tourism industry. This is because there are many e-commerce applications that allow suppliers to promote their business.
E-commerce applications are very popular among consumers and buyers. Among our well-known e-commerce apps in the industry are trivago, agoda, traveloka and more.
Some companies of these applications are agents to hotels, aviation, public transport such as taxis. Remember: This is just a sample from a fellow student. Starting from 3 hours delivery. Sorry, copying is not allowed on our website. We will occasionally send you account related emails. This essay is not unique. Sorry, we could not paraphrase this essay. Our professional writers can rewrite it and get you a unique paper, essay on economic growth. Want us to write one just for you?
We use cookies to personalyze your web-site experience. This essay has been submitted by a student. This is not an example of the work written by professional essay writers. Get help with writing. Pssst… we can write an original essay just for you. Your time is important. Get essay help. Related Essays The Effect of Global Trends on the Development of the Hospitality and Tourism Industry Now and in the Future Essay.
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Sep 21, · As an economy grows, so does pollution. However, the two don’t move in lockstep, as a recent Economic Synopses essay shows that pollution increases at a slower rate than economic growth. An Environmental Kuznets Curve Ball. Research Officer and Economist Guillaume Vandenbroucke and Research Associate Heting Zhu’s conclusion contrasts with an older hypothesis Jun 12, · Home — Essay Samples — Geography & Travel — Hospitality — Factors Affecting the Growth of Hospitality and Tourism Industry This essay has been submitted by a student. This is not an example of the work written by professional essay writers ADVERTISEMENTS: In this essay we will discuss about the Economic Development of a Country. After reading this essay you will learn about: 1. Economic Growth and Economic Development 2. Determinants of Economic Development 3. Obstacles or Constraints 4. Pre-Requisites or Need 5. Structural Changes. Contents: Essay on the Meaning of Economic Development Essay on the [ ]
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