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Provide a summary of how a government may influence the finances of a sport or entertainment organization. In approximately 500 words, please summarize the impact of federal and state regulations on...

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Provide a summary of how a government may influence the finances of a sport or entertainment organization.

In approximately 500 words, please summarize the impact of federal and state regulations on professional sports teams, college athletic departments, churches, summer camps, or Christian-based sport or recreation-related organizations

Answered Same Day Jan 02, 2022

Solution

Robert answered on Jan 02 2022
116 Votes
1

Government plays vital role in rising boom of sports in America. Federal government
finances new facilities of sports which might have been already completed or may be under way
in several states including Tampa, San Francisco, New York, Washington D.C., etc. It benefits
the recreation sector through infrastructural development and sports as the Bill Morneau
(Finance Minister) released the budget for financing of entertainment sector encouraging more
physical activities for happy and contended lifestyle of individuals. Each year government sets
out a fixed budget amount to invest into recreational infrastructure along with allocation of
money for social infrastructural facilities and child care reserves. For the year 2014-2016, $3.4
illion has been put into reserves of sports infrastructure and cultural development. It positively
affects the interest of children and adults to participate more by get themselves registered into
such entertainment organizations. People are able to afford to join sports clubs and entertainment
facilities to relax themselves during weekends or in evening with their children. It helps in
increasing the affordability of all income groups to access such facilities as membership charges...
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