Tuesday, July 1, 2014

Economics On Football

While watching  mega event World Cup 2014, every body is concerned with the goal and statistics on football. They are concentrated in Brazil and football.  The hidden part is that WC 2014 is playing a major role in economy. Every a big event plays a vital role in contraction and expansion of economy as every 3 people out of 10 is concerned about a game. Either it is football or volleyball or even if it is cricket. The mega event of this game affects the whole nation directly or indirectly. If the host
country gets success on the event then it gets double with happiness, glory and prosperity . If it does not get success then it is also not bad but it reduces the market. Buying and selling intention of the customer is directly affected by it .

A big event can inject the fund in the economy in different ways it circulates fund by making movements in different sectors like football itself, fashion, drinks, tourism etc. A nation needs it funds circulating to get the economy improved. Also  if the hosting nation wins the title then it will be extra bonus because the prize is itself a huge amount.
There are lots of example in the past that overcome by the crisis due to such mega event . Like Argentina, that won the World Cup in 1986. At that time the country was running in its crisis. That cup helped it to over come through the crisis.
Football is the  famous game in the world and it is loved by most of the people. It's easy rules and availability helps it to be number one sport in the world. Surely the mega event of such sport makes the nation worthy and prosperous. The country also gets platform to get shine in the world. This time Brazil is also shining with FIFA World Cup 2014 .

 

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