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Global Economic Crisis and Its Effects: A Case of Food Industry in Central District of Tokat Province
The global economic crisis occurred in the US in 2007 and spread throughout the world and affected Turkey’s economy in 2008. The study aimed at determining effects of the global economic crisis on the food industry enterprises in the central district of Tokat. Data were collected from 54 food industry enterprises via survey. According to research findings; it was determined that nearly all enterprises were affected negatively (i.e. reduction in orders, as decline in capacity utilization rates and employment capacity) by economic crises more or less.
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Global Economic Crisis, Food Industry, Turkey

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