What is tourism describe the significance of tourism as a trade in India?

(i) Tourism in India has grown substantially over the last three decades. (ii) Foreign tourist’s arrival has witnessed an increase, thus contributing to foreign exchange. (iii) More than 15 million people are directly engaged in the tourism industry. (iv) It provides support to local handicrafts and cultural pursuits.

What are the importance of tourism as a trade?

Tourism has proved itself as one of the most important aspects of trade. Tourism in India has grown substantially. It promotes National Integration and provides support to local handicrafts and cultural pursuits.It also helps in the development of international understanding about our culture and heritage.

How does tourism as a trade or industry help in development of economy?

Answer: It creates new job and employment opportunities. It stimulates trade, income and entrepreneurship – especially in small business sectors. The provision of new infrastructure which is available for non-tourism uses.

Why is tourism considered as a trade and industry in India Class 10?

Trade, in a basic sense, refers to the process of buying and selling of goods and services. … “Tourism’ is considered as a trade and industry in India because of the substantial growth it has experienced in the past three decades coupled with an increase in the arrival of foreign tourists.

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What are the advantages of tourism in India?

Direct benefits include economic support for hotels, retail shops, transportation services, entertainment venues and attractions, while indirect benefits include government spending on related infrastructure, plus the domestic spending of Indians employed in the tourism sector.

How does tourism as a trade or industry?

Tourism can be considered as a trade because : It involves exchange and buying/selling of products. The products can be defined in terms of holiday packages , hotel rents, means of transport and hospitality etc. … Tourism is a large scale industry as the money involved in it is very high.

Why is tourism known as trade Class 10?

Tourism is known as a trade because of the following reasons. Foreign tourist’s arrivals have increased over the years. 5.78 million foreign tourists visited India in 2010. … More than 15 million people are directly engaged in tourism industry.

Why is tourism important for the Indian economy explain any three reasons?

Tourism has great importance in the economy and cultural development of India. It promotes national integration. It makes us aware of the beauty and rich cultural heritage of our nation.It promote inter-regional relationship. Tourism encourages cultural pursuits and provides support to local handicrafts.

What are the economic impacts of tourism in India?

The tourism industry contributes 7.3 per cent of GDP and accounts for 6.5 per cent of total exports. In addition to this tourism sector contribute 2.7 per cent of the total employment in the economy. As it is a highly labour intensive industry it provides employment to skilled, semi-skilled and unskilled persons.

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What are the benefits of increasing tourism?

Tourism Value & Benefits – Conclusion

  • Growth and boost in Economic activities.
  • Boost wide scale industry revenues.
  • Infrastructure development.
  • Country’s improved brand image.
  • Source of foreign exchange earnings.
  • Source of employment generation.
  • Connectivity and growth to local, regional and even the remotest areas.