MONETARY EFFECTS OF SPECIALIST SCULPTURE ON LOCAL AREA BASED THE TRAVEL INDUSTRY ADVANCEMENT

G.P. Gde Putra Panuta; S.A. IstriAdikaMaheswari

Authors

G.P. Gde Putra Panuta Undiknas University, Denpasar, Bali-Indonesia
S.A. IstriAdikaMaheswari Undiknas University, Denpasar, Bali-Indonesia

Keywords:

Monetary impact, monetary system, Tourism in the community, Globalization, Human way of behaving

Abstract

"Economic Impact of Craftsmen Statue on Community Base Tourism Development in Tohpati Village Klungkung Bali" is the topic of this study. The imbalance between the means of meeting the needs of a small number of people and the needs of everyone else is at the heart of economic issues. According to Gary Becker, economics should not be emphasized directly, but rather as a method for explaining human behavior. In order to achieve prosperity and prosperity together, the economic system is a means of regulating all economic activities in society, whether private or public. The Financial framework can be isolated into three to be specific: a first capitalist economic system in which all business is done on the market. Second, everything in the communist economic system is ruled by the government. The third economic system is a hybrid of the two previously mentioned (capitalist and communist) systems. First and foremost, Indonesia is an emerging nation in which market failures frequently occur as a result of inaccessible information or transportation and communication facilities. Second, a significant number of Indonesians remain below the poverty line. Thirdly, the majority of Indonesians own businesses that are still categorized as small and medium enterprises and are unable to fully compete with larger businesses.

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