Positive effectrs of Tourism in the Philippines
- Pages: 2
- Word count: 311
- Category: Environment Philippines Tourism Universal Basic Income
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Order NowNowadays tourism is widespread throughout the world. Millions of people travel to different countries all year round seeking rest, new experience, and impressions. Lately tourism has become quite a profitable business, which also brings benefits to a countryās economy and thus the well-being
Philippine tourism is a significant sector of business. In the Philippines it is one of the main sources of national income. The most important positive economic effects of tourism are as follows: increase in budget revenues, production expansion, stimulation of investments, and improvement in the populationās welfare. Tourism influences social and cultural lives of people in a positive way by stimulating the development and revival of local cultures and encouraging intercultural exchange. Tourism has both positive and negative effects on the environment. Among the negative effects of tourism, the most important ones are inflation, financial leakage, infrastructure costs, and economic dependence. Political issues can also arise because of tourism. The country should be aware of the negative effects of tourism in order to avoid them.
Tourism has a large impact on the environment, because for me it destroys the natural beauty and magnificence of a certain place if not taken care and if the government fails to protect its natural beauty.
There are many impacts of tourism to a country. It may be economically or environmentally. Based on http://www.tandtpublishing.co.uk the positive impacts of tourism on the economy of a country are:
ā¢ Increased domestic income and foreign currency earnings
ā¢ Economic multiplier effect
ā¢ Increased employment
ā¢ Improved infrastructure
While itās negative impacts on the economy are:
ā¢ A leakage occurs in tourism when money is lost from a destination area.
This could be because the hotels are owned by companies that operate in other countries and the proļ¬ts are taken away from the local area.
ā¢ DeclineĀ of traditional employment and seasonal unemployment.
ā¢Increased living costs.