It will help a lot with the economy.
This can be true however the cost of building facilities etc. for the Olympics is huge and may not help the economy at all. It all depends on how these Olympic facilities are put to use after the Games - The Olympic Legacy.
Countries want to host the Olympic Games because it improves their transportation systems, their employment rates, their economic security, and much more.
It also helps tout the benefits of the host city, raising the public's interest in future tourism. That future revenue would be generated in travel costs, hotel accommodations, restaurant patronage, taxi fares, and tourist attractions other than the venues themselves.
Chat with our AI personalities
Think about it. The Olympics is a monumental international project, and some entity, the International Olympic Committee, has to make decisions about where the events will be held. If the decisions are not made by a single entity, then how will the decisions be made? The committee has to consider the ability of the applying nations to provide proper venues for the games, including both technical parameters for the fields, tracks and pools, and to provide adequate seating for audiences. There must be adequate housing and food services for athletes. This is just the tip of the iceberg.
Mercantilism is a marketing theory where a country tries to hold as much gold and silver as possible, and does not buy from other countries, and only sells. Save Gold & Silver ----> Wealth ----> Power
An unconstitutional restriction of speech.
Simple... The major goal when investing in real estate is to build up your net worth (wealth) and increase your cash flow. There is a right way and wrong way to do this. The tried and true strategy is buying prudent cash flow real estate in stable or growth markets and hold it for the "long term" -- as opposed to "flipping".
What does the future hold? Nobody can say exactly. But we can assume. I think that:
because it has been tested by several researchers and they found that it does not hold