With summer games fever about to boil over, many may be wondering "Is Hosting The Olympics Good For A City?" This statistic-packed infographic reveals the pros and cons that come with winning the prestigious bid.
The primary concern for countries, both participating and hosting, is to be top dog when it comes to the medal standings. Host countries do appear to increase its overall medal count when its athletes compete on home turf. So, how much does it really cost to host the Olympics? The 2008 Beijing Olympics broken records with a staggering $40 billion invested into the event. Although countries gain long-term benefits from the investment, the costs of hosting the Olympics is growing dramatically.
The Is Hosting The Olympics Good For A City? infographic reveals some staggering statistics about the reality behind this international event.
Olympic Budget Breakdowns
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The 'Is Hosting the Olympics Good for a City?' Infographic is Revealing
By: Shiori Mine - Published: Jul 23, 2012 • References: visual.ly