Do the Olympic Games benefit the host country? It depends on whom you ask. Politicians and the overwhelming majority of citizens from the host country support the games, but economists often point out that the Olympics are a very expensive indulgence.
At the Beijing Olympics, the opening ceremony alone cost more than $100 million. The Sochi Winter Olympics are expected to cost $10 billion in total. The expense of holding the games is rarely recouped by the host country.
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