Holding international game Such as Olympic games is an exciting event. Some people think it has positive effect while others argue it is waste of money. Discuss both sides and give your opinion.

In the

last

century, mega sports

events

such

as Olympics Games and

world

cup games have been drawing the attention of all people around the

world

. Some people argue that these

events

adversely impact the

host

country's economy;

on the contrary

, some believe these occasions have positive effects. I agree entirely with the

first

opinion. On the one hand, some group of people claims that being the

host

of popular worldwide

events

not only stimulates the economic situation through the tourism industry but

also

causes introduce the culture of the

host

nation to the

world

. From an economic perspective, during the

event

, many local retail trade and accommodation places like hotels and hostels were promoted due to an increase in the number of tourists.

Additionally

, countries try to perform the

event

's opening ceremony based on their country's culture.

However

, I am not convinced by

this

argument because income from these

events

is minimal compared to the costs of these occasions.

On the other hand

, Undoubtedly, hosting mega-

events

needs high-quality facilities and infrastructures developments. Most of these

events

draw huge crowds to the cities, and some important places

such

as stadiums, sports complexes, accommodation areas should be provided for both tourists and competitors.

Consequently

, these costly

events

incur massive debt on the

host

nations and leave most of these places useless when the

event

is over.

For example

, England, the

host

of

World

Cup 2012, had to loan 200 million dollars from the European Union to build new sports stadiums and hotels nearby, but England's income from

this

event

was much less than its expenses.

Furthermore

, Countries will have to incur exorbitant costs to maintain these sites in the subsequent years. In conclusion,

Although

most countries nominate themselves to

host

popular

events

to promote their tourism industry, I restate my opinion that these costly

events

have a detrimental impact on the nation's economy.