CRWII - Economics of Olympic Games
permanent
Andrew Zimbalist believes that one city should be made the _____________ host.
300
Approximately how many events are featured during the Summer Olympics?
1960
Every Olympics since ________ has seen costs exceed budget plans.
30 years
How long did it take Montreal to pay off their Olympic debt?
10,000
How many athletes compete in the Summer Olympics?
12
How many cities bid for the 2004 Olympic Games?
40,000
How many hotel rooms are required for the Summer Olympics?
77,000
How many people were forced to leave their homes to allow for new Rio Olympic construction projects?
$10 million
How much does it cost to maintain Beijing's "Bird's Nest" stadium?
$160 million dollars
How much money did Tokyo spend on the 2016 bid?
More than half
How much money was spent on infrastructure for the 2008 Beijing Games?
developed
In the 20th century, most Olympics were held in ________ countries.
False
Most host countries make a large profit on the Olympics.
True
T or F? Fewer countries are interested in hosting the Olympics.
True
T or F? Los Angeles was the only city to make a profit hosting the Olympics.
True
T or F? The 1984 Olympics in Los Angeles were the only games to make a profit.
True
T or F? The Olympic games in Greece contributed to national bankruptcy.
temporary
The jobs created by the Olympics are often __________.
infrastructure
To host the Olympics, developing countries need to invest in ______________ .
$5 - $50 billion
Upgrading infrastructure can cost between ____________.
Brazil
What South American country was the 1st to host the Olympics?
Job creation
What is one benefit often cited as a result of hosting the Olympics?
TV revenue
What is the largest are of money generated by the Olympics?
1970
When was there a "turning point" in the Olympic Games?
Los Angeles & Paris
Which 2 countries are hosting the 2024 & 2028 Games?
Oslo & Stockholm
Which 2 countries dropped their Olympic bid because of high costs?
London, Beijing & Salt Lake City
Which 3 cities experienced a decrease in tourism because of the Olympics?
Montreal
Which city became a "symbol" of the financial risks of hosting the Olympics.?
Rio de Janeiro
Which city highlighted the current debate about costs & benefits?
Denver
Which city in the U.S. became the first city to refuse the Olympics?
Barcelona, Spain
Which city is considered a "tourism success story"?
Los Angeles
Which city was the only city to bid for the Summer Olympics?
Because of the 9/11 terrorists attack.
Why have Olympics security costs increased?
Not enough candidate cites
Why were Los Angeles & Paris chosen at the same time?
