Tourism generates substantial economic benefits for both host countries and tourists' home countries. Especially in developing countries, one of the primary motivations for a region to promote itself as a tourism destination is the expected economic benefit. According to the World Tourism Organization, 698 million people travelled to a foreign country in 2000, spending more than US$478 billion. International tourism receipts combined with passenger transport currently total more than US$575 billion – making tourism the world's number one export earner. In 1791 Prague organized the first World's Fair (List of world's fairs), Bohemia (modern-day Czech Republic). my next topic The Panic of 1857 was a financial panic in the United States caused by the declining international economy and over-expansion of the domestic economy. Because of the invention of the telegraph by Samuel F. Morse in 1844, the Panic of 1857 was the first financial crisis to spread rapidly throughout the United States. Events leading to the American Civil War https://economic-historian.com/2020/07/panic-of-1857/ https://archive.org/details/businesscyclesde00glas ... https://www.youtube.com/watch?v=Tu1SLZCWzbo

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