Quick Answer: How does tourism reduce the development gap?

How does tourism reduce the development gap in Jamaica?

How has Jamaica reduced the development gap? … Tourism employs the second largest number of Jamaicans (approximately 200,000) both directly, in hotels, transport and attractions, and indirectly in trading, manufacturing and banking. Tourism in Jamaica benefits local farmers through the sale of produce to hotels.

How can you reduce the development gap?

Various strategies exist for reducing the global development gap. An overview of the strategies used to reduce the development gap: investment, industrial development and tourism, aid, using intermediate technology, fairtrade, debt relief, microfinance loans.

How does tourism help with development?

The impact of tourism

Tourism generates around $600 million a year and makes up around 90% of the government’s income from tax. This additional money has led to many improvements in the country. … Foreign companies own many of the resorts, which means that a lot of money leaves the country.

How does Fairtrade reduce the development gap?

Fairtrade is paying producers a reasonable price for the goods that they produce. Many farmers in LICs are paid very low wages. This means that they cannot escape poverty. Fairtrade gives farmers a better chance in life.

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What causes development gap?

The gap is generally caused by rich countries being able to exploit the poorer countries as they have the dominant political power to be able to do so. As a result, the poorer countries suffer from lack of resources and spiral into poverty cycles which widen the development gap.

Why is the development gap growing?

The reason why it is growing is due to the skewed economic and political ideologies of the west, with the superpower of the USA being dominant in large global organisations, such as the IMF (International Monetary Fund), which was set up in order to bridge the development gap.

What is the development gap?

The Development gap is the difference in standard of living between the world’s richest and poorest countries. Measuring development: … It take different factors of development into consideration. This is a composite indicator.

What is the advantages of tourism?

Tourism is vital for the success of many economies around the world. There are several benefits of tourism on host destinations. Tourism boosts the revenue of the economy, creates thousands of jobs, develops the infrastructures of a country, and plants a sense of cultural exchange between foreigners and citizens.

How does tourism affect Kenya?

Tourism is very important to the Kenyan economy. It provides huge employment and foreign exchange earnings. In 2017 the total contribution of travel and tourism to the Kenyan economy was about 9.7% of the country’s GDP. Travel and tourism accounted for about 9% of total employment in the same year.

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What are the positive impacts of tourism in Kenya?

Positive Impacts of tourism on the area- The main positive impact of tourism in Kenya is that we bring in money which has several different effects. Because of the money we bring in we buy souvenirs and food ect that supports the locals and helps them make a living.