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:
“The new sound-sphere is global. It ripples at great speed across languages, ideologies, frontiers and races.... The economics of this musical esperanto is staggering. Rock and pop breed concentric worlds of fashion, setting and life-style. Popular music has brought with it sociologies of private and public manner, of group solidarity. The politics of Eden come loud.”
—George Steiner (b. 1929)
“The animals that depend on instinct have an inherent knowledge of the laws of economics and of how to apply them; Man, with his powers of reason, has reduced economics to the level of a farce which is at once funnier and more tragic than Tobacco Road.”
—James Thurber (18941961)
“Religion and art spring from the same root and are close kin. Economics and art are strangers.”
—Willa Cather (18761947)