Question

Currently the structure of sports economy has been significantly affected. Explain it with its reason.

Answer 1

in the past twenty years, there has been a dramatic increase in construction of new sports facilities. From professional leagues to colleges to city recreation facilities, it appears that the trend will continue. Much of the cost of new construction or renovation is subsidized. Those in support of subsidies believe that these new facilities will provide a substantial economic impact. They argue that the construction of these facilities will inject new spending into the local economy through fan support (ticket and other product revenues), job creation and tax revenues. Opponents, however, argue that a modest factory or a small research facility has as much or more economic impact. This paper will discuss the basic aspects of sports facility planning and the arguments for and against the construction of new sports facilities.

Answer 2

Explanation:

The sports economy in India has adversely been affected, primarily due to economic and social inequalities. One of the leading factors is the lack of proper infrastructure necessary for training and organizing sports. These facilities are only available to a few sections of the society. Thus, it has adversely impacted the quality and participation of individuals in sports.  Poverty has led to the denial of sports infrastructure; therefore, stadiums and other sports avenues are concentrated in towns and cities.