Some countries sponsor sports as a way to advertise themselves. Some people think it is good, while others think there are disadvantages to this. Discuss both sides and give your opinion.

A number of nations host sporting

competition

Fix the agreement mistake

competitions

show examples

as a means to publicize themselves. While some individuals believe that

this

is a worthwhile step, others have considered it as disadvantageous.

This

essay agrees with the latter schools of thought that the negative consequences of sponsoring

such

sporting contests due to the huge financial burden that it often demands can be a serious strain on a

nation

's

economy

. The essay will discuss both views. On the one hand, hosting a sporting festival or

competition

; can bring a lot of prospects for a country, aside from advertising it. One of

such

prospects is the ability to generate funds for the

nation

.

This

is made possible through the large number of teeming sports lovers it attracts to the hosting

nation

, who will have to buy tickets to watch live matches.

In addition

, the country

also

gets royalties from trophies and awards won by their nationals in the course of the

competition

.

Furthermore

, the market for their local commodities

also

increases, as foreign nationals who visited the hosting community will have to buy local products from the organizing

nation

.

For example

, the Atlanta 1996 Olympics sporting

competition

affords the host

nation

the opportunity to make a lot of money through sales of tickets and an expanded market.

On the other hand

, sponsoring

such

sports can wreak a lot of havoc on the

economy

of the hosting nations by putting a huge financial strain on the

nation

's budget. In a bid to have a good global rating with respect to the performance in event of hosting the sporting Olympics, the concerned country will have to expend a colossal amount of money to take care of logistics necessary for the success of the competitive event.

Therefore

, other aspects of the

economy

suffer greatly especially spending on social welfare that has a direct effect on the populace.

For instance

, spending on health may have to be reduced to cater for the expenses of the sport, which means people's health will suffer greatly. In conclusion; sponsoring sport will not only promote the image of a

nation

but

also

open up an avenue to generate funds.

However

, I believe the humungous financial burden it entails can be a serious strain and drain on the

economy

and as

such

a worrying negative side.