Sunday, May 15, 2011

Overview: Swimming's effect on the economy

Because there are so many different aspects to the sport of swimming- hosting meets, practices, recreational facilities, competitive teams, different swimming sports, sponsors, etc, it is difficult to pinpoint exactly how it effects the economy. Overall, the money generated through recreational pools and swimming special events generates a lot of income, but the staffing of pools and upkeep is what costs the most for facilities and communities. Meets around the country cause increased spending in different cities, which leads to a better local economy in those cities. Lifeguards also lead to a stimulated economy by having disposable incomes that are able to be spent on material goods and services rather than fixed expenses, thus improving local businesses. All of these factors combine together to prove the beneficial nature of the sport of swimming for both local and national economies.

swimming economy

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