Prepare an explanation of the multiplier effect

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Question - In your role as the CEO of your First Nation's economic development corporation, you are often relied upon for strategic business advice at the band office. You have been brought in to describe the multiplier effect, and how it can be a powerful tool for increasing the nations wealth (including job creation for band members).

Prepare an explanation of the 'multiplier effect' that is generated by tourism, and provide some examples of businesses that the First Nation should/could pursue to maximize the economic return to the Nation.

Reference no: EM133276728

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