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Why tourism is called a trade ? Explain in 200-250 words
anushka9217:
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"The cultural, recreational and commercial visit to internal places is known as Tourism."
Tourism can be considered as a trade because :-
✔It involves exchange and buying/selling of products.
✔The products can be defined in terms of holiday packages , hotel rents, means of transport and hospitality etc.
✔Exchange of cultures take place and these exchanges are in monetary terms.
✔Foreign tourists visit India for heritage tourism, adventure tourism, cultural tourism, and business tourism and in the same manner Indians visit foreign places.
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Tourism is called also invisible trader because :-
✔ tourist spend money at their destinations thus buy services in hotels etc but there is no transfer of physical object and many people are invisibly connected to tourist industry.
✔ownership of goods and services change from one person to another, states or country.
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The definition of tourism is "The cultural, recreational and commercial visit to internal places is known as Tourism."
(a) Foreign tourist's arrival in the country contributing21,828 crore of foreign exchange.
(b) More than 15 million people are directly engaged in the tourism industry.
(c) Tourism provides support to local handicrafts.
(d) Foreign tourists visit India for medical tourism and business tourism.
(e) Helps in the growth of national income and integrity.
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