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what makes an activity/event a sport?

What makes an activity/event a sport? What are the criteria? For example, some people say NASCAR racing and golf are not sports, but others say they are. How do we determine what is and is not a sport? 

I believe that for an event/activity to be considered a sport they need to be competing for something or putting in hard work to achieve something. If people like to watch it and attend these events then it should be a sport. Many people say competition cheerleading isn't a sport but when I participated  in that I was more in shape then other people playing football or softball. Golf is definitely a sport because you have to put in a lot of time and effort to become good at it. You also have to walk a lot and carry a heavy bag that isn't easy. 

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