Question

event of social involvement and resultant outcome​

Answer 1

Answer:

The 'economic impact' of a major event refers to the total amount of additional expenditure generated within a defined area, as a direct consequence of staging the event. ... Based on visitor and organiser spending, Direct Economic Impact is an assessment of the net increase in spending as a result of the event.

Answer 2

Social impacts of events:

• Impacts are the results that are considered to be long-term for an event, or those that persist after the event has already occurred. Repercussions can come in a variety of shapes and manners, which is not restricted to economic, environmental, political, and social impacts. Impacts might also be favourable or unfavourable. In order to plan their events so that they have positive impacts rather than negative ones, event managers must have a thorough plan and understanding of impacts.

• If an event had favourable social effects, it usually meant that the citizens of the society hosting the event or the guests at the event benefited from the event in terms of benefits that were social.
• According to some research, festivals can have a wide range of beneficial societal effects, such as, the increase of social cohesion within society according to Arcodia & Whitford, 2007, the growth of existing resources within a community, and the development of communication and social networks inside a community are all examples of community development.

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