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Economists generally agree that the construction of professional sports stadiums is good for stimulating local economic...

Economists generally agree that the construction of professional sports stadiums is good for stimulating local economic development.

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Construction of professional sports stadiums is good for stimulating local economic development in many ways. First of all, when the construction starts many labours get the construction job hence employing local people in it. Then after the construction is done and the events start happening in the stadium many local people start many jobs around it like the opening of restaurants and bars, people have to pay for parking and many local people are employed for the management and maintenance of the stadium and the value of the land on which the stadium is build also increases. Thus one stadium gives job and work opportunities to many and hence it improves local economy.

Rahul Sunny answered 1 year ago
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