GEO 802 Lecture Notes - Lecture 1: Doubling Time
12 Apr 2016
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Spending on recreaion is greater than rrsp contribuions, pension contribuions, clothing or furniture purchases, and is even larger than outlays for tobacco products and alcohol combined. The direct contribuion of travel and tourism to world gdp was usd 2,056 billion (2. 9% of the total gdp) Was forecast to rise in 2013 to 3,196 billion. Rule of 72 (70) link to doubling ime. The rule implies that you know the rate that you"re geing something at, and you start to look at what will happen in the future. Divide 70 by 9, it will takes 8 years to double. Divide the rate of increase by 72, will show how long it"ll take to double. The total contribuion of travel and tourism to gdp was 6,630 billion in. In 2012, the total contribuion of travel and tourism to world employment was 8. 7% of total employment (261,394,000 jobs)
