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Why are Olympic Games important for participating nations?

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Sports is an expenditure by governments reaping indirect benefits. It doesn't bring much direct monetary benefits to the nation (apart from taxes from medalists' money add to the nation's GDP). read more

The Olympic Games originated long ago in ancient Greece. Exactly when the Games were first held and what circumstances led to their creation is uncertain. We do know, however, that the Games were a direct outgrowth of the values and beliefs of Greek society. read more

Today's Summer Olympic Games The number of events in the summer Olympics continues to grow, just like the number of countries and athletes participating. Events include canoeing, cycling, golf, gymnastics, rowing, swimming, diving, handball and weightlifting to name a few. read more

Although the Intercalated Games of 1906 are no longer considered official Games of the Olympiad by the IOC, they helped restore the Olympic movement. Participation at subsequent Games grew steadily, with 22 nations in London for 1908 and 28 nations in Stockholm for the 1912 Games. read more

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Why are Olympic Games important for participating nations ...
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