Importance of hotel industry in our countrys economic development. Essay on The Infrastructure Is Important to the Economic Development of an Economy. 2019-01-09

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The Importance of Agriculture For the Economy and The Specific Features of Mediterranean Agriculture

importance of hotel industry in our countrys economic development

Industries mainly depend on man;'s effort while agriculture is restricted by th limiting factor of the nature. Hence industries can solve the problem of unemployment. The need for such spirit is greatly needed in Pakistan as only 4. From food crops production to cultivation of planted crops like olives, figs, and dates to farming of fruits and vegetables, Mediterranean agriculture has it all. It is an important source of livelihood. Today, the majority of the tourists feel that travelling for sheer pleasure offers much wider scope than that offered by pilgrimage and thus the former is always more colourful, lively, intimate, soothing to mind and body and hence, more enjoyable.

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Essay on The Infrastructure Is Important to the Economic Development of an Economy.

importance of hotel industry in our countrys economic development

Beside that, the quality of an Infrastructure directly affects a country's economic growth potential and the ability of an enterprise to engage effectively. They are acting not only as the custodian of the wealth of the country but also as resources of the country, which are necessary for the economic development of a nation. The shortage of agricultural goods has its impact upon on industrial production and a consequent increase in the general price level. Commercial Banks aid the economic development of the nation through the capital formed by them. The manufacturers in turn increase their products by introducing new methods of production and assist in raising the national income of the country. Fertilizers : Chemical fertilizers are necessary to increase our farm produce. What is the use of this development which costs our life? Further, it is interesting to note that the employment generation in proportion to investment is very high in tourist industry.

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What is the Importance of Tourism to Country's Economy?

importance of hotel industry in our countrys economic development

Headstart students planted 200 saplings Islamabad: Almost 30 students from Headstart A-level Branch Sunday started their campaign to plant around 200 trees along the Margalla Road in Islamabad. Tourism indirectly preserves environment by discouraging large scale industrialisation in places where natural beauty has to be kept intact. Another important aspect of employment in tourism is that it employs a large number of women, educated and uneducated, as well as skilled and unskilled. As a result of cultural shopping, which forms an important part of any tourist itinerary, local handicraft is still surviving. Conclusion : From the above cited explanation we conclude that agricultural development is a must for the economic development of a country. Ethiopia is developing fast, its not just the construction sector, even other sectors of the economy are developing fast.

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The Importance of Agriculture For the Economy and The Specific Features of Mediterranean Agriculture

importance of hotel industry in our countrys economic development

In Bangalore, Pune, Hyderabad, Del hi, Haryana and Punjab there are big factories producing computer components and electronic items. This is an important ingredient of economic development since it provides access to bigger markets, and leads to currency inflows and access to the latest cutting-edge technologies and processes being used in more developed foreign markets. The real issue of educational apartheid comes to the surface only after joining a school. The growth hypothesis holds for Cyprus, Latvia and Slovakia while reverse relationships were found for the Czech Republic and Poland. Employment Opportunities in Tourism: Tourism in India has vast employment potential, much of which still awaits exploitation. Tourism is the one industry that earns foreign exchange for country without exhausting natural resources and without actually exporting any material goods.

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Essay on The Infrastructure Is Important to the Economic Development of an Economy.

importance of hotel industry in our countrys economic development

The study, funded by the , proposes a new way of looking at the relationship between higher education and economic development. Purchase of industrial products such as pesticides, farm machinery etc. Extension of Market for Industrial Output: As a result of agricultural progress, there will be extension of market for industrial products. Transfer of military equipment, soldiers and war heads is possible only through a developed transport system during war. It also eliminates our dependence on other countries for the supply of essential goods. A hotel pro-forma will calculate the revenues in direct impact, while full-time and temporary payroll projections can be calculated from the preparation of staffing schedules combined with knowledge of local wages.


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Growth of Tourism in India: Its impact on Employment and Economic Development

importance of hotel industry in our countrys economic development

If there are educational institutions, technical training schools and internship opportunities, that will help build the pool of educated and skilled workers. Contribution to Capital Formation: Underdeveloped and developing countries need huge amount of capital for its economic development. Mumbai, Ahmedabad, Delhi, Gwalior, Calcutta and Amritsar are the main centres of this industry. Entrepreneurship plays an influential role in the economic growth and standard of living of the country. Millions more men and women are enrolling in university; according to the , the number of students enrolled in tertiary education shot up from 6. The site is ideal for astronomy, since it is rural with clear sky and is protected from radio frequency interference thanks to special legislation — the Astronomy Geographic Advantage Act.

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The hotel industry and its importance in the technical and economic development of a region: the Lake Geneva case (1852

importance of hotel industry in our countrys economic development

She said students are the future of a nation and they must be educated about the historical facts and sacrifices rendered by our forefathers in achieving an independent country. Sometimes, people combine pilgrimage with pleasure trips to draw the benefit of both. It is relatively easy to keep record of foreign tourists as they are registered at entry points like international airports which are not possible in case of domestic tourists. The government aspires to an agriculture-led industrialization and focuses its attention on food security, rural savings, and labor formation issues. That we including you must change or accelerate the economy. This significant figure further brings down the chunk of the population that makes it to school. These products contribute 60 to 70 per cent of their total export earning.

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What is the Importance of Tourism to Country's Economy?

importance of hotel industry in our countrys economic development

But it is not that much exaggreted so that the government can use it for different agenda! Further­more the provision of infrastructure may provide the basis or serve as an encouragement for greater economic diversification. Therefore, plans were made to set up basic industries. The linear stages of growth model is something like the Marshall Plan, which was used to rebuild the war-torn countries of Europe after the war. Now most of the wool is produced from synthetic yarn. Wealth Creation and Sharing: By establishing the business entity, entrepreneurs invest their own resources and attract capital in the form of debt, equity, etc. Transport system helps to raise the production of raw materials, fuels and machineries etc.

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What is the importance of industries to our country ?

importance of hotel industry in our countrys economic development

But what does this mean for economic development? A developed transport system reduces regional industrial disparity by facilitating establishment of industries in backward areas, because the backward area is brought nearer to developed area with the help of a developed transport system by sending raw-materials to the backward industrial centre and by selling the products of industries in different areas. This mobilizes public wealth and allows people to benefit from the success of entrepreneurs and growing businesses. Universal access to social safety gains for the unemployed and people on low incomes, to health care, to primary and secondary education, services, to good public services such as police, firemen, etc. Development of transport system also leads to development of industries because transport system utilizes the product of industries. My only contention is that they are there to complement the system and should not be presented as an alternative to public education. According to one estimate, an investment of Rs. Tourism has always stood as a unique vehicle for cultural promotion.

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