How can tourism help an LIC develop?

By taking advantage of the tourism industry and exploiting the resources that are available to them, people will be able to earn a living, which reduces the development gap due to more people having jobs and an income. Not only will tourism decrease the development gap directly, but also indirectly through tax revenue.

How does tourism help LICs?

Tourism can be a good way for countries to bring in money. Many middle income countries (MICs) and low income countries (LICs) benefit from tropical climates, exotic ecosystems and beautiful landscapes. Tourists will travel to visit these locations. They spend a lot of money, which helps countries to develop.

How does tourism promote development?

Tourism helps to “enhance employment opportunities and earnings, which can be of major economic significance to the local population” [18]. In terms of employment, the local community could expand their earnings and socio-economic condition, which could lead to an improved standard of living.

Is tourism a good way to develop?

The short answer is yes. At its most basic level, tourism brings much needed foreign money into these countries’ economies. … The presence of these tourists in areas with limited resources can also help improve local conditions such as roads, transportation and access to modern conveniences.

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How tourism can help an LIC or Nee reduce the development gap?

By taking advantage of the tourism industry and exploiting the resources that are available to them, people will be able to earn a living, which reduces the development gap due to more people having jobs and an income. Not only will tourism decrease the development gap directly, but also indirectly through tax revenue.

How does tourism benefit Kenya?

Money spent by tourists in 2014 within Kenya was 17% of Kenya’s exports. All of these positive economic features have allowed Kenya to develop as a country – tourism directly supports the development of Kenya as a country and allows the government to reinvest money into improving the quality of life for its people.

How does tourism improve economic development?

As such, tourism has the ability to make a considerable contribution to socioeconomic development in urban and rural areas, and support inclusive economic growth by providing i) diverse employment opportunities, ii) benefits for urban and regional economies, iii) opportunities for innovative small-scale business …

Why should we develop tourism?

Tourism boosts the revenue of the economy, creates thousands of jobs, develops the infrastructures of a country, and plants a sense of cultural exchange between foreigners and citizens. The number of jobs created by tourism in many different areas is significant.

Why Is tourism good for a business?

Tourism offers a consistent and predictable flow of income into a country or region, which can be relied upon by small businesses. Local tourism helps to alleviate issues of a suffering industry such as the travel industry, which can help the country’s economy and can act as a safety net for newer businesses.

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How important is tourism planning and development for you as a student?

Tourism development planning enables a range of benefits to all stakeholders involved, for example: It increases income and jobs from tourist spending. It helps preserve cultural and natural heritage for tourists. It increases understanding of other cultures.

How does tourism help reduce the development gap in Kenya?

Positive effects of tourism

Improved living standards, with more schools and hospitals. Infrastructure improved. Safari parks protect animals from poachers and can stop extinction of species. Local tribes are able to make money by selling handicrafts, eg the Maasai tribe.

What strategies can reduce the development gap?

Various strategies exist for reducing the global development gap. An overview of the strategies used to reduce the development gap: investment, industrial development and tourism, aid, using intermediate technology, fairtrade, debt relief, microfinance loans.

How does tourism help to reduce the development gap in Jamaica?

How has Jamaica reduced the development gap? … Tourism employs the second largest number of Jamaicans (approximately 200,000) both directly, in hotels, transport and attractions, and indirectly in trading, manufacturing and banking. Tourism in Jamaica benefits local farmers through the sale of produce to hotels.