THE MECHANISM OF INFLUENCE OF MAJOR SPORTING EVENTS ON THE ECONOMIC DEVELOPMENT OF CITIES

The city is a collection of many products, and sports events are just a part of them. As for the current situation, the development of the urban economy and major sporting events complement and limit each other. The urban economy provides all the conditions for hosting major sporting events, and similarly, sporting events have also made a definite contribution to economic development. In this context, this article examines in detail the mechanism of influence between the economic development of the city and major sporting events in order to stimulate the development of the city through more efficient hosting of major sporting events.