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Sports and the Economy

Description: This quiz focuses on the relationship between sports and the economy, covering topics such as the economic impact of sports, sports as a business, and the role of sports in society.
Number of Questions: 15
Created by:
Tags: sports economics business society
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What is the term used to describe the economic activity generated by sports?

  1. Sports economy

  2. Sports business

  3. Sports industry

  4. All of the above

Show answer
Correct Option: D
Explanation:

The term 'sports economy' encompasses all economic activity related to sports, including the business of sports, the industry that produces and sells sports goods and services, and the impact of sports on the overall economy.

Which of the following is NOT a major source of revenue for sports organizations?

  1. Ticket sales

  2. Television rights

  3. Sponsorship

  4. Government funding

Show answer
Correct Option: D
Explanation:

While government funding can be a source of revenue for some sports organizations, it is not a major source of revenue for most.

What is the term used to describe the process of using sports to promote a product or service?

  1. Sports marketing

  2. Sports advertising

  3. Sports promotion

  4. All of the above

Show answer
Correct Option: D
Explanation:

The term 'sports marketing' encompasses all activities that use sports to promote a product or service, including advertising, promotion, and public relations.

Which of the following is NOT a benefit of sports to the economy?

  1. Increased tourism

  2. Job creation

  3. Improved infrastructure

  4. Increased crime

Show answer
Correct Option: D
Explanation:

While sports can have many benefits for the economy, increased crime is not one of them.

What is the term used to describe the economic impact of a major sporting event?

  1. Sports mega-event

  2. Sports spectacle

  3. Sports extravaganza

  4. All of the above

Show answer
Correct Option: D
Explanation:

The term 'sports mega-event' is used to describe the economic impact of a major sporting event, such as the Olympics or the World Cup.

Which of the following is NOT a challenge facing the sports industry?

  1. Rising costs

  2. Declining participation

  3. Increasing competition

  4. All of the above

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Correct Option: D
Explanation:

The sports industry faces a number of challenges, including rising costs, declining participation, and increasing competition.

What is the term used to describe the process of using sports to promote social change?

  1. Sports for development

  2. Sports for peace

  3. Sports for social justice

  4. All of the above

Show answer
Correct Option: D
Explanation:

The term 'sports for development' encompasses all activities that use sports to promote social change, including sports for peace, sports for social justice, and sports for health.

Which of the following is NOT a way that sports can contribute to social change?

  1. Promoting peace and understanding

  2. Reducing crime and violence

  3. Improving health and well-being

  4. Increasing social isolation

Show answer
Correct Option: D
Explanation:

Sports can contribute to social change in a number of ways, but increasing social isolation is not one of them.

What is the term used to describe the economic impact of sports on a local community?

  1. Sports tourism

  2. Sports-related jobs

  3. Sports-related spending

  4. All of the above

Show answer
Correct Option: D
Explanation:

The term 'sports tourism' encompasses all economic activity related to sports tourism, including sports-related jobs, sports-related spending, and the economic impact of sports on a local community.

Which of the following is NOT a benefit of sports to a local community?

  1. Increased tourism

  2. Job creation

  3. Improved infrastructure

  4. Increased crime

Show answer
Correct Option: D
Explanation:

While sports can have many benefits for a local community, increased crime is not one of them.

What is the term used to describe the process of using sports to promote economic development?

  1. Sports for development

  2. Sports for peace

  3. Sports for economic development

  4. All of the above

Show answer
Correct Option: C
Explanation:

The term 'sports for economic development' is used to describe the process of using sports to promote economic development.

Which of the following is NOT a way that sports can contribute to economic development?

  1. Creating jobs

  2. Generating revenue

  3. Attracting investment

  4. Increasing poverty

Show answer
Correct Option: D
Explanation:

Sports can contribute to economic development in a number of ways, but increasing poverty is not one of them.

What is the term used to describe the economic impact of sports on a national economy?

  1. Sports GDP

  2. Sports employment

  3. Sports exports

  4. All of the above

Show answer
Correct Option: D
Explanation:

The term 'sports GDP' encompasses all economic activity related to sports, including sports employment, sports exports, and the economic impact of sports on a national economy.

Which of the following is NOT a benefit of sports to a national economy?

  1. Increased GDP

  2. Job creation

  3. Improved trade balance

  4. Increased crime

Show answer
Correct Option: D
Explanation:

While sports can have many benefits for a national economy, increased crime is not one of them.

What is the term used to describe the process of using sports to promote international trade?

  1. Sports diplomacy

  2. Sports for development

  3. Sports for peace

  4. All of the above

Show answer
Correct Option: A
Explanation:

The term 'sports diplomacy' is used to describe the process of using sports to promote international trade.

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