Minorities in the Economy of the United States (Continued)
Most black businesses in the United States have been small businesses, and nearly all are single proprietorships in retail and service trades. The most numerous businesses have been personal services: hairdressing and barbering, luncheonettes and restaurants, and funeral services. A protected market for the provision of these services evolved within the black community. In businesses that sell to the general public, such as hardware and department stores, blacks have not made much progress. The desegregation movement of the 1960s opened most public accommodations to minorities and thereby resulted in an erosion of the position of many black businessmen. Especially hard hit were hotels and restaurants which had previously catered to Blacks (Brimmer 1970, p. 6).
KeywordsBlack Community Dental School Black Business Black Bank Federal Deposit Insurance Corporation
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