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How does tourism reduce the development gap in Jamaica?
How has Jamaica reduced the development gap? … Tourism employs the second largest number of Jamaicans (approximately 200,000) both directly, in hotels, transport and attractions, and indirectly in trading, manufacturing and banking. Tourism in Jamaica benefits local farmers through the sale of produce to hotels.
How can you reduce the development gap?
Various strategies exist for reducing the global development gap. An overview of the strategies used to reduce the development gap: investment, industrial development and tourism, aid, using intermediate technology, fairtrade, debt relief, microfinance loans.
How does tourism help with development?
The impact of tourism
Tourism generates around $600 million a year and makes up around 90% of the government’s income from tax. This additional money has led to many improvements in the country. … Foreign companies own many of the resorts, which means that a lot of money leaves the country.
How can tourism help a country?
in developing countries by providing jobs, generating income, diversifying the economy, protecting the environment, and promoting cross-cultural awareness. Tourism is the fourth- largest industry in the global economy.
What causes development gap?
The gap is generally caused by rich countries being able to exploit the poorer countries as they have the dominant political power to be able to do so. As a result, the poorer countries suffer from lack of resources and spiral into poverty cycles which widen the development gap.
Why is the development gap growing?
The reason why it is growing is due to the skewed economic and political ideologies of the west, with the superpower of the USA being dominant in large global organisations, such as the IMF (International Monetary Fund), which was set up in order to bridge the development gap.
What is the development gap?
The Development gap is the difference in standard of living between the world’s richest and poorest countries. Measuring development: … It take different factors of development into consideration. This is a composite indicator.
How does tourism help in the economic development of the country?
The most important economic feature of activities related to the tourism sector is that they contribute to three high-priority goals of developing countries: the generation of income, employment, and foreign-exchange earnings. … In these cases, long-term programs for tourism development have been designed.