Sport and the Economy: Impact on Jobs, Revenue, and Tourism

Question 1

How do government policies affect the economic aspects of sport?

Accepted Answer

Government policies can influence economic aspects of sport, such as job creation and tourism.

Answer

Government policies have minimal impact on the economic landscape of sport.

Answer

Government policies mainly support elite athletes and major sporting events.

Answer

The economic landscape of sport is solely determined by market forces.

Question 2

Which of the following is NOT a direct economic benefit of organized sports?

Accepted Answer

Improved public health

Answer

Job creation in various sectors

Answer

Increased tourism revenue

Answer

Stimulation of economic growth

Question 3

Which of the following is NOT a direct economic benefit of sport?

Accepted Answer

Environmental protection

Answer

Job creation

Answer

Revenue generation

Answer

Tourism promotion

Question 4

What term refers to the total amount of money spent by consumers on sports goods and services?

Accepted Answer

Sports expenditure

Answer

Sports investment

Answer

Sports revenue

Answer

Sports income

Question 5

Which economic sector typically experiences the greatest growth from increased sports tourism?

Accepted Answer

Accommodation and hospitality

Answer

Agriculture and farming

Answer

Manufacturing and production

Answer

Transportation and logistics

Question 6

Which economic indicator is commonly used to measure the health of the sports industry?

Accepted Answer

Gross Value Added (GVA)

Answer

Gross Domestic Product (GDP)

Answer

Consumer Price Index (CPI)

Answer

Unemployment Rate

Question 7

What is the primary role of government in regulating the sports economy?

Accepted Answer

To ensure fair competition and protect consumers

Answer

To promote economic growth and investment

Answer

To provide funding and support for sports organizations

Answer

To regulate the use of performance-enhancing drugs

Question 8

What term describes the process of sport becoming increasingly integrated into the global economy?

Accepted Answer

Globalization of sport

Answer

Internationalization of sport

Answer

Commercialization of sport

Answer

Professionalization of sport

Question 9

Which of the following is NOT a potential benefit of hosting a major sporting event?

Accepted Answer

Reduced crime and social problems

Answer

Increased tourism and revenue

Answer

Improved infrastructure and facilities

Answer

Enhanced community spirit and pride

Question 10

Which sociological theory suggests that sport can contribute to social cohesion and reduce crime?

Accepted Answer

Social capital theory

Answer

Cultural capital theory

Answer

Human capital theory

Answer

Economic capital theory

Question 11

Which of these is a potential conflict of interest in the sports industry?

Accepted Answer

Sponsorship deals can affect how athletes perform.

Accepted Answer

Sharing profits can lead to unequal pay for different groups.

Accepted Answer

Secret payments can be made during player transfers.

Answer

Conflicts of interest are uncommon and easily fixed.

Question 12

Which of the following is NOT considered a positive economic impact of sport?

Accepted Answer

Increased crime rates

Answer

Job creation

Answer

Increased tourism revenues

Question 13

Which sector of the economy benefits primarily from sport-related tourism?

Accepted Answer

Accommodation and hospitality

Answer

Healthcare

Answer

Education

Answer

Manufacturing

Question 14

How does sport contribute to fostering social inclusivity?

Accepted Answer

By providing opportunities for participation and engagement to individuals from diverse backgrounds

Answer

Promoting unhealthy competition among participants

Answer

Exacerbating the economic gap between the affluent and disadvantaged

Question 15

What is a significant ethical concern associated with the increasing commercialization of sport?

Accepted Answer

Potential exploitation of athletes

Answer

Negative impact on grassroots sports initiatives

Answer

Escalating ticket prices

Answer

Reduced fan engagement

Question 16

What is a potential negative consequence of the increasing globalization of sport?

Accepted Answer

Homogenization of global sports culture

Answer

Enhanced athletic performance and competition

Answer

Increased revenue streams for sports organizations

Answer

Advancements in sports technology

Question 17

Which of the following is NOT a recognized positive economic impact of sport?

Accepted Answer

Increased crime rates

Answer

Job creation

Answer

Tourism revenue generation

Answer

Improved health and well-being

Question 18

How does sport generate revenue for the economy?

Accepted Answer

Through ticket sales, sponsorship agreements, and merchandise sales

Answer

Solely from taxation on sports goods and equipment

Answer

Exclusively through government funding

Question 19

How does sport contribute to job creation?

Accepted Answer

By creating employment opportunities in fields such as coaching, event management, and hospitality

Answer

Exclusively through the manufacturing of sporting equipment

Answer

Primarily through the construction and maintenance of sports facilities

Question 20

What is the term used to describe the economic activity generated by sports tourism?

Accepted Answer

Sport tourism economy

Answer

Sports economy

Answer

Hospitality economy

Answer

Tourism economy

Question 21

Which of the following is a potential negative consequence associated with the economic impact of sport?

Accepted Answer

Gentrification and displacement of local residents due to rising property values

Answer

Increased opportunities for physical activity and recreation

Answer

Improved community cohesion and social bonds

Question 22

How does sport promote tourism?

Accepted Answer

By attracting visitors to attend sporting events and visit sports-related attractions

Answer

Only by promoting healthy lifestyles

Answer

Only by creating jobs in the tourism sector

Question 23

What is the role of government in the economic impact of sport?

Accepted Answer

To provide funding, regulate the industry, and promote sport participation

Answer

Only to provide funding

Answer

Only to regulate the industry

Question 24

How can the economic impact of sport be measured?

Accepted Answer

Through economic indicators such as GDP, employment figures, and tax revenues

Answer

Only through the size of sports facilities

Answer

Only through the number of medals won by athletes

Question 25

What are the wider social implications of the economic impact of sport?

Accepted Answer

Improved health, reduced crime rates, and increased community cohesion

Answer

Only reduced tourism

Answer

Only increased unemployment