Twentieth Century, Sports Remained a Essay

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Sports have become a viable means to stimulate local and even national economies. Before the twentieth century, such a thing would have been completely unheard of, preposterous to even consider. The tools of the global marketplace make sports absolutely relevant in a global economy. A local sports team can draw investment from outside of the community, leading to a growth in small businesses as well as the establishment of external companies. The result is more local jobs and growth in tourism and associated service industries.

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Even national economies benefit from sports. A nation with a winning soccer team enjoys an effect not unlike a marketing buzz. Especially teams that host major international sports events like the Olympics or the World Cup enjoy foreign direct investments.

Therefore, globalization has had the greatest impact on sports culture and history. The exchange of players across national boundaries has facilitated the development of superpower teams. Fans become devoted to their local teams with all the fervor of brand loyalty. Sports has become….....

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