THE MULTIPLICATIVE EFFECT OF TOURISM AND ITS IMPACT ON THE DEVELOPMENT OF OTHER INDUSTRIES
Keywords:
Keywords: Tourism, economic effect, multiplicative, income, employment, tourist expenditures, job opportunities, direct effect, indirect effect, economy, induced effect.Abstract
ANNOTATION
This article discusses the concept of tourism, its theoretical foundations, the
multiplicative effect of tourism, and its influence on the development of other sectors.
It elaborates on the interconnection of the multiplicative effect with economic, social,
and ecological factors, as well as the types of economic effects. The main differences
between the concepts of direct and indirect effects are explained. Additionally, the
article clarifies the concept of the multiplier. It discusses how to generate income
through tourism, create job opportunities for the population, and how to allocate tourist
expenditures. The article concludes with the significance of the multiplicative effect in
enhancing the competitiveness of hotels. This scientific work may be useful for
practitioners and researchers in the field of economics.
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