Question

For what reasons might economists be interested in segmentation in tourism?

For what reasons might economists be interested in segmentation in tourism?

Homework Answers

Answer #1

Segmentation in tourism helps generste higher state level revenues and promite cultural diversity and thus help in cultural amd regional integration. Moreover it helps nations create employment opportunities state wise and thus consumption widens and aggregated demand causing real GDP to grow.

Moreover it helps tourism industry to foster in new ways and generate better inter state relationships and create higher tax revenues for government which can be further used for spending and bring income equality.

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