Discussion Topic: Module 1 Video Discussion 1 Stadium Build

Stadiums Construction Name Institution Course and Code Professor Date Stadiums Construction Cities should critically consider whether constructing sports arenas or stadiums is a wise investment or not. Most importantly, the significant questions that they need to ask themselves are: Should stadiums be funded by public money? If yes, how will the funds used be repaid? Notwithstanding the video “Sports Stadiums Are Bad Public Investments. So Why Are Cities Still Paying for Them,” civic-funded stadium construction can be a good investment for developed cities. For instance, the Inglewood City Council approved the construction of a $1.8 billion stadium (ReasonTV, 2015). Although numerous studies have revealed that public funds are used to build many sports arenas, which do not generate income for cities, constructing stadiums can help cities to hold sporting activities that can enhance the marketing of such places and create short-term employment. During the construction of stadiums, many people are employed who earn their livelihoods from this activity. Stadiums contribute to job growth and increased economic activities, es...