thesis and an outline on Definitions and Measurements of Festival and Event Impacts. Prepare this assignment according to the guidelines found in the APA Style Guide. An abstract is required. Dominant themes for festivals in various locations across the world are identified and the impacts of these events are measured through the use of different criteria and metrics for impact measurement. For the purpose of the intended study, some real-life examples of festivals and events which are recognized on an international platform are discussed and their impacts are identified and evaluated. Existing literature in this domain of study is referred to as a way of supporting the arguments and propositions presented in this essay. This essay is suitably conceded by summarizing the discussion and highlighting the key findings from the analysis. Also, the importance of the festivals and events in the contemporary world and the far-reaching benefits of the same are focused on in the concluding remarks.

Festivals and events have become essential components of the social lives of people and the economic position of different countries across the globe. The festivals and events act as strong vehicles to improve the economic position of a country by boosting the inflow of tourists and investments (Bonet, 2003). Also, these play a crucial role in impacting the cultural and political aspects of different event destinations. Since the events and festivals are assuming significant roles in enhancing the economy and the social image of a location, therefore, more and more countries are focusing on organizing and hosting festivals and events (Acheson, 2003).

The main impact themes selected for evaluating the effects of festivals, programs and events can be categorized into four main subtypes which are economic, political, social and environmental impacts.

Economic: The festivals and events help to boost the local economy and improve the image of the destination location. Often the main impacts that the holding of festivals in a destination have is that of tourism development. The increase in the inflow of tourists into a location automatically generates revenue.