Many people spend a complete lot of income attending cultural or sports events. Is it a great or a bad thing?
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Definitely a development that is good gives something for people to desire to. Moreover it most begets that are likely revenues for the performers and promoters , that should ultimately lead to a even more events. This undoubtedly contributes to greater monetary and cultural wealth for a society. Take as an example the English Premier League (EPL), this entertainment spectacle has taken considerable wealth into cities such as for example Manchester, Liverpool and London. Higher ticket prices lead to better wages for football stars, which lead to more quality players planning to play in the EPL, resulting in a cons >high net-worth individuals moving into these cities.