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Economic impacts - Coggle Diagram

- - - - Less improvements to country's standard of living
    - - Revenue generated is lost to other countries
        
        Due to
        
        Tourist businesses pay for imports of goods and services
  - - - Some events
        
        Economic downturn
        
        Outbreak of diseases
        
        Unfavorable political situations
        
        Natural disasters
      - Due to
        
        Fluctuating economic benefits
        
        Hence affecting livelihoods of people
- - - - Accommodation (Hotel service staff)
      - Leisure Activities (Tour guides, Staff in parks, museums etc.)
      - Transport ( Transport operators, Service staff)
    - - Income tax
      - Stable monthly wage
      - Example: Hotel receptionist
      - Fixed hours
      - Written contract with terms & conditions (medical benefits etc)
    - - Irregular hours
      - Fluctuating wages
      - No need to sign a written contract
      - No income tax
      - Example: Street-side performer
  - - - provide
        
        government considerable revenues
        
        invest in improving infrastructures and pay for education & health services
        
        increasing
        
        country's standard of living
    - - alleviate poverty as it transfer wealth from wealthier to poorer regions
    - - Tourists spend more money hence increasing income for locals