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SPMA 2P27 Final Exam questions with accurate answers
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SPMA 2P27 Final Exam questions with accurate answers
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SPMA 2P27 Final ExamWhat is a subsidy? - correct answer ✔✔is a benefit given by the government to groups or individuals in
the form of a cash payment or tax reduction
common forms of public subsidy - correct answer ✔✔- low interest bonds
- lease for facility below "going value"
- foregoing property tax
- investing in infrastructure around facility
- using in-kind public services
- allocating money
what are the two sides of the coin in sport? - correct answer ✔✔- supporters
- detractors
why is it such a lightening rod in sport? - correct answer ✔✔because athletes and owners are
millionaires and billionaires
sources of momentum for subsidization - correct answer ✔✔- legal status of leagues
- power structure of the cities
- psychic income of fans
what could contribute to make councillors support a stadium build? - correct answer ✔✔- revenue
guarantee
- tourists
- infrastructure
Who cares about economic impact? - correct answer ✔✔- Olympics
- sport events
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