Economic Factors
The economic circumstances of a country will largely determine the magnitude of the tourist industry. The more developed an economy the greater the levels of tourist demand.
- Industrialisation
- Financial stability (personally and within the country)
- Infrastructure
- Economic integration
- Rising standards of living (for some)
- A source of foreign exchange - therefore promoted by governments
- Role of TNCs
- Industrialisation
- Financial stability (personally and within the country)
- Infrastructure
- Economic integration
- Rising standards of living (for some)
- A source of foreign exchange - therefore promoted by governments
- Role of TNCs