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One reason only- Money. The Olympics benefit a VERY small group of people, from the financial world that supplies the money, to the juiced-in contractors that build the venues.
The "people" are left with a staggering bill to pay, a huge mess to clean up, and a large number of useless buildings when it is all over.
Several years ago Salt Lake City hosted the Olympics, and it there that the public, at least those that paid attention, learned how the olympics REALLY work; bribery, payoffs,scams, etc...
Wiki User
∙ 11y ago
Wiki User
∙ 11y agoBy far, the greatest reason is for the money it generates for business and subsequently for the government.
A long way second is the prestige.
The problem is the ordinary citizen gets nothing but a huge bill, severe congestion, absurdly raised prices for things like food and other staples, and decades of paying back the money borrowed....The Olympics benefit a VERY small group of people, and COST a great many people alot of money.
Wiki User
∙ 12y agoHosting is a huge financial commitment, in terms of infrastructure construction (buildings, roads, etc), services (police, food, hotels). Even for huge countries with a stable economy it is difficult. For other nations it is a gamble.
Wiki User
∙ 11y agoSponsoring is basically just providing financial funding, and in return the company's name is displayed as a sponsor.
When people see this, they may be inclined to seek the services of this company. That is the hope, anyways.
In the case of the Olympics, companies want to be sponsors because, what with being such a large event, a lot of people will see that name.
It's a type of advertising, essentially.
Wiki User
∙ 15y agobecause which country host olympic game the tourism will improve media and people are come there and world know about that country easily economically that country will imporve
Wiki User
∙ 14y agoBecause it bring international attention and fame and could make the country soem money, too.
Wiki User
∙ 11y agofans pay a lot of money to the host
Wiki User
∙ 11y agowell not exactingly
Wiki User
∙ 14y agocuz they
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How many cities will host the 2012 summer Olympics?
London will host the 2012 Olympics
What American cities will host future Olympics?
None.
What were the host cities of the Winter Olympics?
In Dumas, TX
Who will host the Olympics in 2100?
Host countries and cities are not decided so far in the future.
Why was stratford chosen for 2012 Olympics?
Olympic host cities are chosen by the Olympic Committee. Cities that want to host the game submit a proposal which the committee examines, and based on a long list of criteria, selects the one they believe is best suited to host the games. Statford was a good place to choose for the Olympics because it is spacious and it has a n effiecient transport system. Read more: Why was stratford chosen for 2012 Olympics
Where will the next summer Olympics?
The next host city of the Olympics will be Rio de Janeiro, Brazil, The cities and countries that host the Olympics are decided well in advance.
Which one of these cities is not competing to host the 2016 Olympics?
Rome
In which country did the cities of Chamoix.Grenoble and Albertville host the Winter Olympics?
France
Which city will host the 2208 Olympics?
A host city for the 2208 Olympics has not been announced. As of 2010, only the next two host cities have been announced: London will host the Games in 2012, and Rio will host the Games in 2016.
What cities will hold the Olympics?
London will host in 2012, Rio de Janeiro have won the right to host in 2016.
What cities have been the host of the modern Olympics?
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Is Luxembourg big enough to host the Olympics?
Yes it is. Cities normally host Olympics and Luxembourg is a country. While it is small it is still more than big enough to host the Olympics. Like any city that has hosted the Olympics, all it would need would be to build some more facilities.
