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African-American Entrepreneurs
Title: African-American Entrepreneurs
Category: Law & Government / Government & Politics
Details: Words: 1292 | Pages: 5.5 (approximately 235 words/page)
African-American Entrepreneurs
African-American Entrepreneurship
In a comparative light there seems to be significant problems, or obstacles, for African-American entrepreneurs. These problems are categorized by environmental factors, opportunity factors, and issues related to capital. The purpose of this paper is to provide sociological, and economical insight to the plight of African-American entrepreneurs. There is an effort to trace the development of African-American entrepreneurship throughout American history, in the post-reconstruction era to the present, in relationship to social conditions …showed first 75 words of 1292 total…
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…showed last 75 words of 1292 total…characterized by a the invention and implementation of affirmative action practices. “Between 1977 and 1982, black-owned businesses grew by 46.7 percent.”15 (Table 2.1) Although these may seem like unprecedented gains African-American participation in the entrepreneurial market as a whole only accounted for 3.1 percent of all US firms and 1 percent of all receipts. There is also no causal relationship, although popularly accepted, between minority ownership and small-business failure.16 In fact, the reason why there are less African-American business and more
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