Definition of multiplier effect in tourism?

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1098155

2026-08-26 11:15

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Oh, dude, the multiplier effect in tourism is basically when one tourist's spending ripples through the economy, creating additional income and jobs. It's like when you buy a souvenir at a gift shop, and then the shop owner can buy more inventory, which helps the local economy thrive. So yeah, it's basically the domino effect of tourist spending, making everyone a little happier and a little richer.

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