Which of the following is a post-event economic benefit listed for hosting a major event?

Study for the OCR Cambridge National Sports Studies Exam. Utilize flashcards and multiple-choice questions, each with detailed hints and explanations. Prepare effectively for your exam!

Multiple Choice

Which of the following is a post-event economic benefit listed for hosting a major event?

Explanation:
Post-event economic benefits are the ongoing income streams that continue after the event has finished, usually arising from facilities or arrangements created for the event. New facilities that generate money from memberships after the event fit this idea perfectly. Once the venue or facilities are in place, membership fees, regular use, and ongoing hiring generate revenue long after the event ends. This creates a sustained economic return rather than a one-off spike. Jobs created during the event are tied to the event itself and don’t represent ongoing income. Increased tourism after the event can bring longer-term benefits, but it’s not a direct, guaranteed revenue stream from a post-event asset. Sponsorship money after the event can occur, but it depends on ongoing sponsorship deals rather than a built-in revenue model from the new facilities.

Post-event economic benefits are the ongoing income streams that continue after the event has finished, usually arising from facilities or arrangements created for the event.

New facilities that generate money from memberships after the event fit this idea perfectly. Once the venue or facilities are in place, membership fees, regular use, and ongoing hiring generate revenue long after the event ends. This creates a sustained economic return rather than a one-off spike.

Jobs created during the event are tied to the event itself and don’t represent ongoing income. Increased tourism after the event can bring longer-term benefits, but it’s not a direct, guaranteed revenue stream from a post-event asset. Sponsorship money after the event can occur, but it depends on ongoing sponsorship deals rather than a built-in revenue model from the new facilities.

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