How does tourism as a trade or industry help in development of economic class 10?

(i)More than 15 million people are directly engaged in the tourism industry. Tourism also promotes national integration, provides support to local handicrafts and cultural pursuits. (ii)It also helps in the development of international understanding about our culture and heritage.

How does tourism as a trade or industry help in development of economy?

Answer: It creates new job and employment opportunities. It stimulates trade, income and entrepreneurship – especially in small business sectors. The provision of new infrastructure which is available for non-tourism uses.

How does tourism as a trade or industry help in development of economy class 10?

(i) Tourism in India has grown substantially over the last three decades. (ii) Foreign tourist’s arrival has witnessed an increase, thus contributing to foreign exchange. (iii) More than 15 million people are directly engaged in the tourism industry. (iv) It provides support to local handicrafts and cultural pursuits.

Why is tourism considered as a trade and industry class 10?

Tourism can be considered as a trade because : It involves exchange and buying/selling of products. The products can be defined in terms of holiday packages , hotel rents, means of transport and hospitality etc. … Tourism is a large scale industry as the money involved in it is very high.

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Why is tourism considered as a trade and industry in India Class 10?

Trade, in a basic sense, refers to the process of buying and selling of goods and services. … “Tourism’ is considered as a trade and industry in India because of the substantial growth it has experienced in the past three decades coupled with an increase in the arrival of foreign tourists.

How does tourism help trade?

Tourism can support diversification of exports, improve a country’s image and contribute to job creation and the production of sophisticated goods and services. It can also serve as the anchor that creates strong linkages with other sectors, from agriculture to education.

What is the importance of tourism as trade?

Tourism has proved itself as one of the most important aspects of trade. Tourism in India has grown substantially. It promotes National Integration and provides support to local handicrafts and cultural pursuits.It also helps in the development of international understanding about our culture and heritage.

What is the importance of tourism in India?

Tourism in India is important for the country’s economy and is growing rapidly. The World Travel and Tourism Council calculated that tourism generated ₹16.91 lakh crore (US$220 billion) or 9.2% of India’s GDP in 2018 and supported 42.673 million jobs, 8.1% of its total employment.

How is tourism considered as an industry?

In its broadest sense, the tourism industry is the total of all businesses that directly provide goods or services to facilitate business, pleasure and leisure activities away from the home environment.

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