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"Behind the Rings: The Financial Dynamics of the Olympic Games"

  "Behind the Rings: The Financial Dynamics of the Olympic Games" The Olympic Games have kicked off, and the world is watching. Everyone cheers for their Country's athletes, hoping they bring medals home. Conversations about medal counts and athlete performances are happening everywhere. The Olympics are more than just sports—they're a chance for countries to shine globally.  But organizing such a massive event is no small feat behind the scenes. We've already heard about some mismanagement issues at the Paris Olympics. It takes a considerable team, seamless coordination, and a massive budget to pull off an event of this scale. In this article, we will discuss the Revenue model of the Olympics.  How does the International Olympic Committee make Money? How does the host country make and spend Money?  History of the Olympics The First Return record of the Olympic games dates back to 776 B.C. In Ancient Greece, the game was held every four years in honor of the god Z...
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