Question

In: Economics

prepare a research paper minimum of 1500 words, 6 pages (250 words per page), and at...

prepare a research paper minimum of 1500 words, 6 pages (250 words per page), and at least 6 references.

Topic No.2: Expo 2020 and its impact on the Economy of Dubai and UAE

  • What is Expo?
  • Why countries and cities compete to host expo?
  • What are impacts of Expo in the hosting country, in general?
  • Discuss the history of Expo and hosting countries.
  • What is the economic impact of Expo in the hosting country “how it benefits?”
  • How is Dubai succeeded to win the Expo hosting?
  • What are the preparations of Dubai for such big event in term of “infrastructure, transportation, hotels, attractions”?

Solutions

Expert Solution

Expos are global events dedicated to finding solutions to the fundamental challenges facing humanity by offering a journey within a chosen theme through engaging and in-depth activities.

The main reason for holding the Expo is financial gain. Expo helps to find a lot of new entrepreneurs, many new technology will be introduced at expos. The expo will help increase government revenue. In addition, the Expo attracts a large number of tourists.

History  

The world's 1st expo was held in 1851. 25 countries participated in the Expo, which was held in London  

Organizer : Sir Henry Cole and Queen Victoria's husband prince Albert

Theme: lndustry of all Nations

Visitors : 6 million

The biggest world expo on record is world expo 2010 in China.

There are many reasons for the 2020 World Expo to be in Dubai. Dubai is one of the most economically advanced countries in the world and is home to people from many countries. Because a lot of people work in Dubai. In addition, Dubai offers excellent travel facilities.


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