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A Resource for Reading & Words, It is true tha1, The bar graph below compares how much spent money and income they made in 2013 by age group in America
| 64 January 1, 2020 55. Sporting events Some people think that it is a waste of money for countries to host big sporting events like the world cup, and that the money would be better spent on other things. However, others think that hosting large sporting events has a clear, positive impact on a country. There is fierce competition between nations to host major international sports events like the World Cup or Olympics as it is a unique opportunity to boost the national reputation of the host nation. In spite of its undeniable benefits, I believe that the costs are too great and therefore governments should prioritise other key issues to better benefit their citizens. On the one hand, becoming a host nation for global events such as the World Cup or the Olympics brings a number of economic and infrastructural benefits. During these events, there is an influx of tourists from allover the world who need places to stay, restaurants to eat in and traditional products to purchase. The efforts made to cater to these tourists will remain long after they have gone. The cost of renovating a hotel might pay for itself during the event and then begin turning a large profit in later years. The other main area of development is related to the rapid expansion of quality infrastructure. Nations will be forced to invest in new sports facilities like swimming pools and stadiums as well as make renovations to preexisting infrastructure like roads and airports. For example, China used the Beijing Olympics as an opportunity to modernise old buildings and roads. On the other hand, these competitions use up tremendous resources from the host nation fora temporary competition. To ensure the success of these prestigious events, governments must waste a large percentage of the nation budget in the years leading up to the competition, oftentimes in the billions of dollars. The newly constructed facilities usually fall into disuse after each tournament. A salient example of this is Brazil as many of the swimming pools and sports facilities that were used in the 2014 Olympics are currently abandoned and becoming decrepit. Meanwhile, there are other pressing issues that have been festering including the need for new schools for underprivileged students and quality healthcare for the elderly population. If the government had prioritised these issues the country would be in abetter position and its citizens would have a higher standard of living. To summarize, due to the exorbitant costs, I am of the belief that the government should not allocate such a large percentage of its financial resources to hosting global events with negligible long-term impact. Instead these events should be hosted in the same countries year after year so that the new infrastructure pays for itself overtime. |