Analyze the economic effects of travel and tourism.
Analysis should include the effect of travel and tourism at the international, national, state, and local levels and should reflect research from a variety of resources.
Analysis should emphasize the effects of new money brought into an area, recirculated money within an area, and money that leaks out of an area.
Process/Skill Questions:
- What resources are available for locating information on the economic influence of travel and tourism at the local, state, national, and international levels?
- What is the multiplier output effect?
- How do travel and tourism contribute to the multiplier output effect?
- What type of infrastructure needs to be in place to cater to diverse groups of travelers?