Economic Impacts of World Cup Football in South Africa Coursework

Economic Impacts of World Cup Football in South Africa - Coursework Example The South Africa World Cup is one of such world cup football that experienced a massive turnout of people from everywhere. This paper examines the real impacts of the tournament through a well-calculated impact assessment or measurement.In measuring the economic impacts of an event, certain tools or methodologies are applied in order to undertake a relevant and appropriate economic activity. During impact measurement or assessment, it is important to first identify the need for the entire process. Why it is considered necessary to outline the outcome of a particular event? This is done through screening. In screening, the need to understand the influence the event had on a particular sphere is outlined. The analysis of the event should appraise the event and the activities associated with the event and with the whole process. It determines whether there is a need to make improvements or necessary changes. After the screening, there is the need to develop an effective framework of the event relationship with the receptors in the environment of operation.   This is a high-level assessment that establishes the relationship between the two factors (the event itself and the environmental receptors through an interaction medium). Scientific judgment is employed alongside applying the previous event the same as the one in question.An analysis of the existing conditions past the events is undertaken. This helps to relate the current existing conditions and the conditions than before the event. As such, relevant parameters are applied in order to establish whether there is a difference between the two conditions and if there is a difference, is it positive or negative? The affirmatives prove the worth of the event in as far as the sphere on the subject is concerned. After identifying the conditions, it is then important to evaluate the significance of the impact. The impact should be able to relate to certain positives of the sphere concerned or at least create certai n negative situations that affect in any way.