18 Aug InstructionsIn this assignment, you will gain a better under

InstructionsIn this assignment, you will gain a better understanding of the economic trends and challenges that have shaped sports as we know them today.For this task, use information from your assigned readings and your own research, and then write a paper that analyzes the economic trends and challenges in sports as they pertain to one of the following areas:Interscholastic SportsCollegiate Sports` ( This research paper will focus on collegiate sports)Professional SportsClub or Recreational SportBe sure to address the following questions in your paper:What is the overall industry size and average organization size?What is the total monetary market size (in millions)?Has the market grown or declined?What is the market growth rate?What are the current economic trends at this level of sport?Are the long-term forecasts positive or negative?What are the economic challenges at this level of sport?What are some strategies you would use to confront these challenges?Length: 5-7 pages, not including title and reference pagesReferences: Minimum of three to five scholarly resourcesYour paper should demonstrate thoughtful consideration of the ideas and concepts presented in the course by providing new thoughts and insights relating directly to this topic. Your response should reflect scholarly writing and current APA standards. Be sure to adhere to Northcentral University’s Academic Integrity Policy.