Sports and Economy

Sports and Economy

August 21, 2018

We can easily imagine that sports is related to the economy. In order for us and people to play sports and watch sports, we need sports facilities, various sporting goods and various services. Therefore, markets arise there, and various sports industries supplying goods and services to the market grows.

Also, the club teams such as the J League and professional baseball will be involved in that local areas, and if the sports become popular as well as the club team become bigger, it leads to those town’s development.

Economic effects inevitably occur when the region promotes sports. And local companies also have a large economic effect due to the increase in exchange population due to urban theatricalization, such as public investment related to the development of sports facilities and sales of sports related goods.