Introduction: Effects of tourism on the economy. Tourism is often referred to as one of the world’s largest industries. It encompasses various activities, from hospitality and transportation to recreation and entertainment. The economic impact of tourism is undeniable, as it contributes significantly to the GDP of many countries.
Tourism is a multifaceted industry that significantly impacts economies around the world. Its effects are far-reaching and can be analyzed from various angles, including economic, social, and environmental.
In this article, we will explore the effects of tourism on the economy, examining various aspects, including employment, infrastructure development, foreign exchange earnings, and regional disparities.