What is Tourism? Explain its economic importance?
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Answer:
The tourism industry plays a 'significant role' in socio-economic development, poverty alleviation, employment, and foreign exchange.
Explanation:
The contribution of the tourism industry to the 'world economy' cannot be denied. The multidimensional tourism industry has become the source of much of the country's top foreign exchange.
The tourism industry plays a 'major role' in any country's economic development. It helps significantly to the country for creating employment opportunities to a 'large number of people'.
Moreover, it is also one of the important engines to attract more foreign exchange.
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