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1.02
Sport and Event
| Term | Definition |
|---|---|
| Direct Impact | the total of new spending resulting from an event |
| Economic Well-Being | the degree to which individuals are families have economic adequacy and security |
| Internship | training in which schools are businesses cooperate to provide on-the-job practice for learners; learners receive classroom instruction and on-the-job experience |
| Fiscal | Relates to taxation, public revenues, or public debt |
| Indirect Impact | determined by the multiplier effect, meaning the portion of the money spend by visitors on local goods and services that is turn spent locally by employers and employees |
| Induced Impct | further ripple effects caused by employees of impacted businesses spending some of their salaries and wages in other businesses in the city |
| Stakeholders | people businesses who are affected by a company's success or failure |