GEO 802 Lecture Notes - Lecture 5: High Standard Manufacturing Company, Gross National Product, Unemployment Benefits
30 Apr 2021
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Document Summary
Geo week 5: the economic impacts of tourism. Involve all of the money spent by tourists during the direct effect, some will leak of the circulation through impulse savings and taxation. Improve the trade of a country: foreign exchange earnings, good source of income: medical, building materials, etc, government revenue, various sources, two forms, direct transaction: taxes, plasma income, property tax, can: hst (12-13%), uk: vat. Indirect taxes: charge on goods and services on tourists. Infrastructure improvements: growth pole strategy, local employment, scaled labor: concentrated in forma sectors where people are well trained and informal sectors there are employment in traditional sector with little training (degree) Gold coast australia: not enough jobs to meet the demand. Measurements of the economic impacts & significance of tourism. Index for welfare: dally & : income and take into account the revenue in the informal sectors, subtract the cost of production (crimes + etc. )
