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Name one example of a developed economy that you have studied - Leaving Cert Geography - Question 7B - 2020

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Question 7B

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Name one example of a developed economy that you have studied. Explain the reasons for the growth of tourism or financial services in the developed economy named by... show full transcript

Worked Solution & Example Answer:Name one example of a developed economy that you have studied - Leaving Cert Geography - Question 7B - 2020

Step 1

Name one example of a developed economy that you have studied.

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Answer

An example of a developed economy is Germany.

Step 2

Explain the reasons for the growth of tourism or financial services in the developed economy named by you in part (1) above.

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Answer

The growth of tourism in Germany can be attributed to several factors:

  1. Cultural Heritage: Germany is rich in history, with numerous UNESCO World Heritage Sites that attract travelers.

  2. Economic Stability: As a developed economy, Germany offers a stable environment with a strong infrastructure, making it an appealing destination for international visitors.

  3. Diverse Attractions: From picturesque landscapes such as the Black Forest to vibrant cities like Berlin and Munich, Germany caters to a variety of tourist interests.

  4. Accessibility: Efficient public transport and well-connected airports make travel within the country easy for tourists.

  5. Promotion and Marketing: Effective marketing strategies by the German National Tourist Board promote tourism, highlighting Germany as a travel destination.

Step 3

Explain one benefit that tourism or financial services brings to developed economies.

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Answer

One significant benefit that tourism brings to developed economies, such as Germany, is the enhancement of economic growth. Tourism generates revenue through spending on accommodations, dining, and attractions, which in turn creates jobs and stimulates local businesses. This influx of capital helps to diversify the economy and provides opportunities for investment in infrastructure and services, leading to long-term economic stability.

Step 4

Explain one problem caused by tourism or financial services.

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Answer

One problem caused by tourism in developed economies is environmental degradation. The high volume of tourists can lead to issues such as increased pollution, habitat loss, and the overuse of natural resources. Destinations may struggle to balance the economic benefits of tourism with the need to protect their environment, leading to long-term sustainability issues if not managed properly.

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