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Olympics have been the most popular sporting event throughout the globe. There have been hot debates, discussions and research conducted on costs and benefits associated with the game. In the past, social, economic and financial experts have expressed varied opinions on the event. Economic experts and government officials are of the opinion that Olympics reanimate the hosting country’s image on global map and generate jobs in the country. In addition, the games boost economic activities and results in tourists flocking from other parts of the globe (Essex, S. and Chalkley, B. 2004).
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