What was the estimated economic impact of the sport of golf regarding goods and services in 2018?

What was the estimated economic impact of the sport of golf regarding goods and services in 2018?

• A. $54 billion
• B. $84 billion
• C. $100 billion
• D. $120 billion

Answer: (B)

The estimated economic impact of the sport of golf regarding goods and services in 2018 was approximately $84 billion. This figure illustrates the significant contribution golf makes to the economy, encompassing various aspects such as course maintenance, equipment sales, apparel, and related tourism. The vast scope of economic activity tied to golf highlights its importance not only as a recreational sport but also as a vital sector that supports numerous jobs and businesses. Understanding this impact can provide insights into the value of promoting and sustaining golf as a sport and leisure activity, emphasizing its relevance in economic discussions.

The estimated economic impact of the sport of golf regarding goods and services in 2018 was approximately $84 billion. This figure illustrates the significant contribution golf makes to the economy, encompassing various aspects such as course maintenance, equipment sales, apparel, and related tourism. The vast scope of economic activity tied to golf highlights its importance not only as a recreational sport but also as a vital sector that supports numerous jobs and businesses. Understanding this impact can provide insights into the value of promoting and sustaining golf as a sport and leisure activity, emphasizing its relevance in economic discussions.