Developed Economy (i) Name one developed economy where tourism or financial services contribute to that economy - Leaving Cert Geography - Question 7C - 2022

1. Cultural Heritage: France's rich history and cultural heritage attract millions of tourists each year, eager to explore landmarks like the Eiffel Tower and the Louvre.

2. Infrastructure Development: Well-developed transportation systems, including high-speed trains and airports, facilitate easy travel within the country and internationally, boosting tourism.

3. Diverse Attractions: France offers a wide array of attractions including beaches, mountains, wine regions, and culinary experiences, catering to different tourist interests.

4. Events and Festivals: Hosting international events such as the Cannes Film Festival draws worldwide attention, further promoting tourism.

5. Marketing and Promotion: Effective tourism marketing campaigns and partnerships with businesses promote France as a desirable travel destination.

6. Economic Stability: As a developed economy, France's political and economic stability reassures tourists, ensuring a safer travel experience.

Tourism enhances economic growth by contributing to job creation. It generates employment opportunities in various sectors including hospitality, transportation, and retail, thereby reducing unemployment rates and increasing disposable income for households.

One significant problem caused by tourism is environmental degradation. The influx of tourists can lead to overcrowding at popular destinations, resulting in pollution, habitat destruction, and increased pressure on local resources, particularly water and waste management systems.