Question
Multiplier Effect
Answer :
Word Count : 262
The multiplier effect in tourism refers to the chain reaction of economic benefits that occur when money spent by tourists circulates through the local economy. When a tourist spends on accommodation, food, transportation, or attractions, the initial expenditure generates income for businesses directly serving tourists. These businesses, in turn, pay wages to employees, purchase goods from suppliers, and invest in services, thereby spreading the economic ______ ____ ____ __________ ________ _________ ______ _____ _____.
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The multiplier effect in tourism refers to the chain reaction of economic benefits that occur when money spent by tourists circulates through the local economy. When a tourist spends on accommodation, food, transportation, or attractions, the initial expenditure generates income for businesses directly serving tourists. These businesses, in turn, pay wages to employees, purchase goods from suppliers, and invest in services, thereby spreading the economic ______ ____ ____ __________ ________ _________ ______ _____ _____.
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