Assignment: How Global Economics are Relevant to Falmouth Oyster Festival

In my opinion, global economics are relevant for the Falmouth oyster festival because of a number of reasons; I belive the main reason would be the influence that the economic 'crisis' has been taking on the possible patrons of this event. Falmouth is a relatively small town compared to others in cornwall, and cornwall in itself is mostly a tourism driven economy. The oyster festival is not held on a bank holiday or during the half term, so if people were going to attend it they would more than likely have to miss work for a long weekend, if the state of the economy is in such turmoil and people are fearing/facing job cuts, loan refusals, etc. they will not be inclined to take a long weekend break to visit an oyster festival. With this in mind, I would (if in the position of the oyster festival's management team) try to appeal to a specific type of patron, for example people that won't have as many of these worries (students and/or the older generation). Either this, or advertise to the local community to try and attract as many of the people of Falmouth to which this festival would have meaning. The festival is to kick off the start of the oyster dredging season. this would be useful as the local fishermen of Falmouth would naturally take an interest in the event, as would the local produce retailers. In relation to this the festival focuses a lot on the culinary side of the oyster season, this is a good way to attract the local restaurant owners and hopefully restaurant restaurant owners from around cornwall who will also be benefitting from the oysters and other seafood from around the coasts. It's also interesting for the general public to go and try new dishes that they could learn to create at home in their own time. Another reason that the economics of the world would affect the oyster festival could be the prices and shortages of petrol... If people are having to cut back on their consumption of fuel, taking into account the remote location of falmouth for a lot of people, also cornwall in general is a very spread out county, they may not be able to afford to travel down for the festival. upon reflection of these factors there are a lot more elements that influence the expected turnout of events such as the Falmouth Oyster festival. Some of which I would not have thought necessary to take into account, such as the job cuts. I always thought of events as if you advertised it people would come just because they would be interested in the content of the festival, show, etc. But there are so many more things to think about and this assignment has helped me realised this and gave me a more reasonable and educated perspective on organising events. It has also made me want to keep more up to date with the news to be in the loop of possible factors that could affect the industry.