Question

How tourism may be helpful for the economic development of a region?

Answer 1

Tourism is now one of the world's largest industries and one of its fastest growing economic sectors. ... Tourism may have a positive economic impact on the balance of payments, on employment, on gross income and production, but it may also have negative effects, particularly on the environment.

Answer 2

Tourism helps with the increase in capital which is very important for the economic development of the region. It helps with employment opportunities for people and it improves the socio-economic conditions of the region.

Explanation:

• The earnings that are got from tourism helps with improving the standard of living of the people.  

• Tourism helps in promoting cultural awareness and in preserving the local culture and traditions of a place or region.  

• Tourism is a source of generation of income and for the employment of people for the ‘formal and informal sectors’ that are helpful in the economic development of the region.

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