Abstract
This study examines the impacts of COVID-19 on small businesses in the Northern region of Iraq. The survey sample included 235 persons in Erbil governorate. According to the results, small businesses in all sectors in the region have been affected negatively by COVID-19. The COVID-19 has had negative effects on 74% of participants’ business; this means that most of them have suffered huge losses, to the extent that some of them have suffered huge losses more than the profit of the several months before COVID-19. Based on the survey result, sales on debt have increased so much that the average of these sales in debt is 86.4%. The majority of participants pointed out that during the outbreak of coronavirus, most people paid more attention to the price of the product than to the quality
Highlights
This study examines the impacts of COVID-19 on small businesses in the Northern region of Iraq
We may not have heard of the Spanish flu until a few months ago, but we may have noticed the coronavirus crisis that swept the world in early 2020
Due to the instability created in the global economy, restrictions on businesses and voluntary social distancing, which the stock market index has fallen in many countries
Summary
Odel conducted the research and procced the data analysis and wrote the Contribution manuscript
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