Lesson 4 Flashcards
declares a national policy for tourism as an engine of investment, employment, growth and national development, and strengthening theDepartment of Tourismand its attached agencies to effectively and efficiently implement that policy, and appropriating fund thereof.
9593 or “The Tourism Act of 2009”
“The law declares tourism as an indispensable elementof the national economy and an industry of national interest and importance.
Section 2, R.A 9593
produced when tourist spent for such commodities as accommodation transportation entertainment and attractions
Direct Impacts
true investments in tourism government spending and effect of purchase from suppliers
Indirect Impacts
the collective spending by direct and indirect employees on food and beverage recreation clothing housing and household goods
Induced Impacts
refer to the longer term macro level effects such as general enhancement skills within the economy provision of better social services and infrastructure
Dynamic Impacts
“number of times tourism income is respend across sectors within the local economy”
Multiplier Effect
refers to the suppliers of needed inputs for tourism operations as well as the other entities that benefit indirectly from tourism development
Tourism Value Chain
act as catalyst of socioeconomic development of neighboring communities
Tourism Enterprise Zones