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beautifully landscaped golf course, and so many other attractions all these make the province
of Tarlac one of the best of the places to visit in Central Luzon.
and events.
To attract foreign investment;
Hypothesis:
The current hypothesis is that many societies are now multicultural and have the opportunity to
enrich the lives of many members of that particular society. Also, there is a big impact of urban
life style in other life style in terms of:
a. Tradition and Culture
b. Civil Status
c. Occupation
Hence, are becoming more populated and this can cause many stressors in a persons life. The
special events and festivals have the potential to provide a location for society members to come
together and share identities and places of significance. If run correctly, these festivals have the
potential to generate extra income for the host community. The event should be sure to share the
communitys story and contribute to the unique image. This can be done by ensuring local talent
is featured and local businesses are used as partners for the event.
Definition of Terms:
Festival and events -They refer to two kinds of definitions in broad and narrow sense
respectively. From the western point of view, festivals and events usually go hand in hand. And
in this paper, I would like to put the festivals and events together as a whole to research to
demonstrate the impact to economy in Tarlac.
In dictionary, festivals are defined as follows:
An occasion for feasting or celebration, especially a day or time of religious significance
that recurs at regular intervals.
An often regularly recurring program of cultural performances, exhibitions, or
competitions.
Revelry; conviviality.
Economic Impact - is one of the most important factors that could be directly measured in terms
of investment or expenditure when it comes in Festivals and events. Economic analysis of
events provides one aspect of why events are held and the effects that they have on a region.
However, while many of the economic impacts of events are quite tangible many of the social
are not.