Money and the Olympics: The Adjusted Medal Count per GDP

Posted in World Affairs by Kevin | Tags: , , , ,

The Winter Olympics is another event where athletes around the world can showcase their abilities and nations can flaunt their strong programs in every field. The Canadian team spent $100 million on a federal program to train athletes for the Winter Olympics they were hosting, hoping to win their first gold medal in a Winter Olympics on home soil.

In the Summer Olympics, the United States Olympics Committee committee spend half a billion. Similar heavy spending has allowed the US to rank number one in the overall medal count in the last 4 Olympics.

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