The document discusses the significance of the events industry to national economies and individual careers. It notes that events attract international tourists and expenditures, driving infrastructure development. Events management skills like budgeting, marketing, and crisis management apply to many disciplines. Hosting events provides valuable experience for professionals. The events industry is an important tourism subsector, attracting off-season visitors who spend more than regular tourists. Countries earn substantial tax revenues and jobs from large events. The money spent has a multiplier effect as it circulates through the local economy.