4.The tourism economy refers to the diverse economic impact of tourism on a country. In general,
a country’s tourism economy is influenced by the amount of visitors, the number of visitors, the amount of money they spend, and the amount of jobs they create.
The tourism economy is the economic activity generated by tourism. Tourism is a significant component of the global economy, and the tourism economy is considered to be one of the most important economic sectors in many countries. The tourism economy is a subset of the service sector, and the travel industry is a subset of the tourism industry. Tourism is one of the largest global industries, with 1.2 billion people traveling internationally each year and generating US$4.4 trillion in total spending. In the United States, tourism is a $1.1 trillion industry.