ECONOMICS (CBSE/UGC NET)

ECONOMICS

ECONOMIC DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Tourism is now the world’s fastest growing industry. Which of the following is a deterrent to the growth of the tourism industry?
A
people are earning more income and have more disposable income
B
the silver generation retiring earlier
C
the increase in crude oil prices during times of economic hardship
D
the overall increase in car ownership
Explanation: 

Detailed explanation-1: -Tourism is one of the biggest parts of the countries’ economy. Lots of people who earn money in this sector are trying to make more popular their countries about tourism to attract the visitors. Because tourism is a really good way to help to governments and people to develop their countries.

Detailed explanation-2: -This industry is one of the largest and fastest-growing industries in the world. It is projected to create 328 million jobs and support 10 percent of the work force of the world, by 2022. It makes a significant contribution to the economies of the different nations of the world in varied ways.

Detailed explanation-3: -Tourism often puts pressure on natural resources through over-consumption, often in places where resources are already scarce. Tourism puts enormous stress on local land use, and can lead to soil erosion, increased pollution, natural habitat loss, and more pressure on endangered species.

Detailed explanation-4: -Motorways are urban bypasses have reduced driving times between places; people can now travel more frequently and quickly. Improved and enlarged airports. Computerised reservations. Package holidays.

There is 1 question to complete.