THE BIG QUIZ GP RESOURCES

The economics and logistics of the Olympics

This is a special Straits Times resource for junior college and pre-university students, as part of The Straits Times-Ministry of Education National Current Affairs Quiz outreach.

Passers-by holding sunshades walk past Olympic rings displayed at Nihonbashi district in Tokyo, Japan on Aug 5, 2019. PHOTO: REUTERS
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This online resource was first published on Sept 25, 2019.

High-profile sporting activities such as the Olympics are international events that involve a lot of money, including aspects such as: the costs of a country hosting the event, the value of the prize money, the boost in tourism for the host country, advertising and marketing dollars associated with the event and its athletes, and investing in sophisticated technology to analyse athletes' performances.

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