Author: admin

The Reasons that Motivates People to Travel Around the World are given below:The answers to this pertinent question are psychological and sociological depending upon the individual and his/her cultural background and conditioning. The motivations for travelling cited by the travellers may be simply reflections of deeper needs, needs that they themselves neither understand nor wish to enunciate or vocalize.But still going with the proposition that these are the motivations which stimulate travel, one can say that motivations initiate action and guide satisfactory behaviour but more precise filters of choice are exercised by holiday maker’s preferences. Image Source: tweakyourbiz.com ADVERTISEMENTS: Kent (1990) observes that preferences indicate the course of action which will fulfil needs in the most satisfactory way. Preferences are, therefore, more specific than motivations and are revealed by what…

Technical definitions based on the purpose of travel, distance travelled, motivation duration of stay, the time element and specific situations of travel etc. have also been worked out for the purpose of particular tourism related studies and statistical measurements.These definitions are of great significance and use to governments, tourism organizations and the providers of tourism services. But these studies have not included a systems approach.Tourism typically and widely is studied by means of a number of processes with little or hardly any consensus on how the analysis of tourism should be endeavoured. The following are the different approaches that have been practiced. Image Source: screenmediadaily.com Approaches 1. Product Approach: The product approach relates to the consideration of different tourism products involving the mode of production, marketing and consumption. For example,…

Import Substitution Industrialisation (also called ISI) is a trade and economic policy based on the premise that a country should attempt to reduce its foreign dependency through the local production of industrialised products.The term primarily refers to 20th century development economics policies, though it was advocated since the 18th century United States.Adopted in many Latin American countries from the 1930s until the late 1980s, and in some Asian and African countries from the 1950s on, ISI was theoretically organised in the works of Raul Prebisch, Hans Singer, Celso Furtado and other structural economic thinkers, and gained prominence with the creation of the United Nations Economic Commission for Latin America and the Caribbean (UNECLAC or CEPAL). Image Source: d3n8a8pro7vhmx.cloudfront.net ADVERTISEMENTS: Insofar as its suggestion of state-induced industrialisation through governmental spending, it…