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Economic and social significance of tourism industry

Economic and social significance of tourism industry The definition of tourism is different for different people because it is an abstract thing which includes a big variety of activities from different industries in economic system In generally tourism can be explained as range of socioeconomic activities which are made for tourists or by tourists It is important to notice that tourism is determined neither as just demand side thing and nor supply side one United nation and world tourism organization 1993 Tourism is not only about leisure activities accommodations and entertainment part it is connected with different parts in system of economy It needs planning organizing coordinating and training in everything Thus tourism associated as functional unit of economy Simoni Mihai 2012 It is generally known that tourism has huge impact on economy of a country It contributes to economic growth by creating new jobs developing infrastructures of country 

1 pages | 294 words