$16 Billion to Host the Summer Olympic Games: Is it worth it?
Source: Council for Economic Education (EconEdLink) | Type: Lesson
Students learn about costs and revenues related to the 2016 Summer Games in Rio de Janeiro. Discussion questions about estimated benefits and costs to the host city are presented. Monetary and intangible costs and benefits are also discussed. Students conclude by preparing for a city council meeting in which they state how hosting the Olympics could be beneficial even if total revenues do not cover the monetary costs.
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