Economics
The first games were funded by the Indiana state government, at the cost of US$300,000. Eventually, they were almost self-sufficient. The 1989 budget was $750,000. Corporate sponsors included Conseco, Inc.; Hardee's; Merchants National Corporation; Hook's; Taco Bell; and Marsh Supermarkets. However, the sites for qualifiers would see a considerable boost when visitors hoping to qualify would spend money in hotels, restaurants, and shopping areas. The figures for the economic bursts were $1 million for the regional events, and $8 million for Indianapolis, in 1989.
Read more about this topic: White River Park State Games
Famous quotes containing the word economics:
“I am not prepared to accept the economics of a housewife.”
—Jacques Chirac (b. 1932)
“Religion and art spring from the same root and are close kin. Economics and art are strangers.”
—Willa Cather (1876–1947)
“Women’s battle for financial equality has barely been joined, much less won. Society still traditionally assigns to woman the role of money-handler rather than money-maker, and our assigned specialty is far more likely to be home economics than financial economics.”
—Paula Nelson (b. 1945)