Economic_Impacts_of_Tourism.classification pptx

Economic_Impacts_of_Tourism.classification

1. Economic Impacts of Tourism How tourism contributes to balance of payments and employment

2. Learning Objectives • Define balance of payments • Describe how tourism brings foreign money into a country • Identify jobs created by tourism • Give examples relevant to Maldives

3. What is Tourism’s Economic Impact? • Tourism brings visitors who spend money • Creates jobs in hotels, guides, transport, crafts • Impacts balance of payments

4. Balance of Payments • The Balance of Payments is a record that shows how money comes into and goes out of a country . It keeps track of all transactions a country makes with other countries — like buying and selling goods, services, and investments.

5. Employment – Jobs Created by Tourism • Direct: hotel staff, tour guides, boat drivers, souvenir sellers • Indirect: farmers, transport, laundry, maintenance

6. How the Money Flows – Multiplier Effect Tourist → Hotel → Staff wages → Local shop → Farmers → Household income → More spending

7. Local Example: Maldives Context • Tourist resorts bring foreign currency • Local guesthouses and tours create jobs • Local businesses benefit

8. Challenges & Negative Impacts • Leakage (money leaving the country) • Seasonal or unstable jobs • Over-dependence on tourism

9. Activity Instructions Tourism Money Trail – Individual Activity • Fill in blanks, answer questions, draw diagram

10. Review & Discussion • Volunteer answers • Example of jobs in community • Importance of tourism

11. Exit Ticket & Closing • Write: 'Tourism is important to our economy because ...'

12. Further Reading / Links Optional websites, articles, statistics for students