Explain the impact of the winter Olympics 2018 on the people , economy, tourism and environment in the country
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South Korea is spending big in hopes of hosting a spectacular Winter Olympics. The 2018 Olympics — the 23rd installment of the Winter Games — begins Feb. 9 and runs through the 25th.South Korea is the host country, and this marks its 2nd Olympics, having hosted the Summer Games in 1988 in Seoul.And this will be the first of 3 consecutive Olympics being held in Asia, with Tokyo hosting the 2020 Summer Games and Beijing the 2022 Winter Games.We've compiled here all the numbers you need to know for PyeongChang 2018.which due to a doping scandal cannot compete under their country’s flag but instead the International Olympic Committee flag.6 nations will be making their Winter Games debut: Ecuador, Eritrea, Kosovo, Malaysia, Nigeria, and Singapore.Some 3,000 athletes will compete in 102 events in seven different sports (15 disciplines). Here’s the breakdown:
- Alpine skiing, 11 medal events;
- Biathlon, 11 events;
- Bobsleigh, 3 events;
- Cross-country skiing, 12 events;
- Curling, 3 events;
- Figure skating, 5 events;
- Freestyle skiing, 10 events;
- Ice hockey, 2 events;
- Luge, 4 events;
- Nordic combined, 3 events;
- Short track speed skating, 8 events;
- Skeleton, 2 events;
- Ski jumping, 4 events,
- Snowboarding, 10 events;
- Speed skating, 14 events
When South Korea won the bid for the 2018 Winter Olympics, the government estimated that it would cost the Asian nation about $7 billion to build the necessary infrastructure to host the event. That was nearly 7 years ago, and things have changed.PyeongChang is a landlocked western province of South Korea that’s home to only about 40,000 people.The government actually had to spend nearly twice as much as it projected — $12.9 billion to be exact — on infrastructure needs to build its winter sports wonderland.South Korea anticipates a boost to its economy over the next 10 years to the tune of $28.2 billion. As for the Games themselves, the country expects 390,000 foreigners and 2.2 million Koreans to visit PyeongChang.
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Tourism is the key to future economic drivers, as seen with Russia’s transformation of Sochi for the 2014 Winter Olympics from a summer resort area to a year-round vacation destination. <-- Read this
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Some of the biggest dollar figures associated with the Games are the television contracts.NBC Universal purchased exclusive rights to air this Olympics and all those through 2032 for $12 billion. For the 2016 Summer Games in Brazil, the company earned $250 million off $1.2 billion in ad sales. That was a record profit.in Europe, broadcaster Eurosport paid $1.37 billion for exclusive airing rights for all Olympics through 2024. It will broadcast to 50 countries and territories in Europe, including Russia.And although financial details were never disclosed, Japanese broadcaster Dentsu won the rights the broadcast the next 3 Olympics, which are all taking place in Asian countries, to 22 Asian nations.PyeongChang 2018 ticket prices range from 20,000 to 900,000 Korean won, or $17 to $776 US dollars.Tickets for the opening and closing ceremonies are more expensive, ranging from $190 to $1,293.Despite the wide range of prices, some 50 percent of tickets are expected to cost less than $70 so as to encourage attendance in a country that does not have a strong culture of winter sports.South Korea is prepared to operate 1,200 buses, 770 vans, and 3,189 fleet vehicles for ferrying around visitors, staff, and athletes.The fuel is estimated $5 million.
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The impact of the Winter Olympics 2018 on people, economy, tourism, and the environment can be assessed by looking at different aspects of the event:
1. People: The Winter Olympics can have a positive impact on people. Hosting such a prestigious event brings a sense of national pride and unity. The opportunity to witness world-class athletes competing can inspire and motivate individuals to engage in sports and physical activities. The event can also promote cultural exchange and understanding among people from different nations, fostering global connections.
2. Economy: The economic impact of the Winter Olympics is significant. Hosting the event attracts investment and infrastructure development, leading to job creation and increased spending. The influx of tourists and spectators boosts local businesses, including hotels, restaurants, and retail establishments. Furthermore, the event can attract corporate sponsors and media attention, which can contribute to the long-term economic growth of the host country.
3. Tourism: The Winter Olympics provide an excellent platform to showcase the host country's natural beauty, landmarks, and cultural heritage. This exposure can significantly increase tourism in the region. Spectators and visitors who attend the event often extend their stays and explore other attractions, benefiting local tourism industries. This increased tourism revenue can have a lasting impact on the country's economy, attracting future visitors as well.
4. Environment: Hosting the Winter Olympics has the potential to impact the environment, both positively and negatively. The construction of new facilities and infrastructure, while necessary for the event, can lead to habitat destruction and disruption of ecosystems. However, host countries are increasingly focusing on implementing sustainable practices by using eco-friendly materials, renewable energy sources, and minimizing waste. These efforts aim to reduce the environmental footprint of the games and promote environmental awareness and conservation.
To gather specific and in-depth insights about the impact of the Winter Olympics 2018, it would be advisable to conduct a comprehensive analysis of data, studies, reports, and articles related to the event. You can search for official Olympic reports, academic research, media coverage, or consult government and tourism industry publications. Additionally, interviews with local residents, businesses, and policymakers can provide firsthand perspectives on the impact of the Winter Olympics.