The paper "Impact of Tourism on Countries’ Economies" is a great example of macro and microeconomic coursework. With the increasing level of globalization resulting from liberalization of markets, efficient flow of information and integration of markets, the level of competition in the market has increased tremendously (Tribe & Airey 2004). Therefore, each country is trying to diversify the source of revenue in order to reduce the risks associated with concentrating on a single market. On the other hand, people have started moving from one part of the world to the other. The entry of technology and internet services has led to the growth of the tourism sector.
However, domestic tourism has become common as people look for destinations where they can spend their free time (Higginbottom, Carter, Moore, Rodger & Narayanan 2010). This aspect has seen the growth and development of the tourism sector in Egypt, Lebanon, and Syria. Tourism has been significant in creating jobs in three countries. The weather conditions in these countries are not favorable for agricultural purposes. However, although the government has tried to mechanize the agriculture sector in order to increase the level of food security, the majority of the food consumed in the countries is imported from other countries.
Therefore, the chances of young people being employed in the agricultural sector are very minimal. Egypt, Lebanon, and Syria have rich historical sites (Jafari 2000). For instance, Egypt is known for pyramids and the history of the pharaohs. The sites where these historical sites are found have been attracting hundreds of tourists from across the world. Many investors have therefore focused on the sector in order to take advantage of the increasing number of tourist.
Furthermore, the governments of these countries have been putting more effort into advertising these sites. Therefore, many people are yearning to visit the countries, an aspect that indicates that the trend will continue even in the future. The tourism sector has, therefore, employed thousands of people. Majority of these people work in the hotel sector and the transport sector while others are tour guides (Holland, 2013). This aspect has reduced the level of unemployment in the counties. As a result, the level of crime and drug abuse in these countries has reduced tremendously.
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