When we think about a competition, one of the first questions that comes to mind is ”Who did come first?” That’s why, being first in international organizations is important in people’s eyes. A sports tournament, which is one of the international organizations, is held in different countries every year. It is possible to associate this situation with various positive effects, two of which are earning money and increasing publicity of the country.
One of the favorable impacts of international sports tournaments is making money for the country. When the city hosts the tournament, those who come to the city to watch the races and to support their own country’s team bring money to the city. These people buy tournament and flight tickets, spend their money on food and book hotel rooms for a few days. The country also spends money on tournaments during the organization process such as arranging a race venue and decorations, but expenditures are less than revenues; therefore, the country gains a profit.
Another affirmative impact is promoting the country thanks to television, the internet and advertisements. When the international organization is heard, millions of people come to the nation where the tournament is held, and they do not just watch the races, they also visit museums or sights and try traditional foods. As a result, people may travel to different countries they would not want to normally visit, and they get to know a new nation. In terms of the country, being recognized is very significant for development.
To sum up, we can mention many favorable effects for the countries that compete in such events, but the most significant ones are making money and promoting the country. A nation which is had opportunities to manage a tournament if it evaluates these chances, it may progress.