Sport Sector in ! KUWAIT !1-What is the sector and why hasn't it existed in Kuwait already?2-How will the sector perform in Kuwait's economy?-What factors (political, legal, social, cultural, etc.) will help it grow and succeed?-What challenges (political, legal, social, cultural, etc.) will it face?3-How will the sector help Kuwait reform the structural imbalances in the economy? (e.g. oil-dependency, fiscal imbalance, labor market imbalance, weak education system, demographic imbalance).4-What laws must exist or change for this sector to succeed, and why?5-What market failures (i.e. positive or negative externalities) will this sector introduce or correct?6-What market structure will this sector be characterized as (e.g. competition, monopoly, monopolistic competition, oligopoly)? Why?7-Will this sector need to be regulated? Why and how?