The Determination of Economic Literacy Level of Forest Products Industry Managers: A Sample of Kahramanmaras Province, Turkey
Abstract
Each individual, firm or region, with different identities, is located in economy world. The limitedness of access to resources in economy world reveals importance of economic literacy, involving financial literacy. Economic literacy is the ability to identify economic problems, alternatives, costs, and benefits; analyze the incentives at work in economic situations; examine the consequences of changes in economic conditions and public policies; collect and organize economic evidence; and weigh costs against benefits.
Forest products industry has an important place in national economy. The branches of this industry section are timber, package, plywood, particle board, fiberboard, paper, parquet, joinery and furniture. Forest products industry has percent 1,6% in manufacturing industry, it is ranked 16th among subsectors and approximately employs 300 thousand personnel. Moreover its production value is about 4,3 billion dollars.
In this study, economic literacy level of forest products industry in Kahramanmaras province managers was investigated. The sample of this research consists of 30 managers in Kahramanmaras forest products industry. Face to face survey was used as method. Findings were shown as frequency tables. According to the results of this survey; it was found that 92% of managers consider their income when making installment. Also, 20% of these managers can’t make comments about currency changes on import and export.
Keywords
Economic Literacy,Economic Awareness,Forest Products Industry
Kaynakça
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