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The Black Wall Street

  • Broadcast in Business
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Hit On The Head

Hit On The Head

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This show will discuss the effects segregation had on black businesses, families, and black unity in the 50’s and 60’s. Was segregation better for blacks? Would segregation be beneficial for blacks today?

“It resumed being a vital black community until segregation was overturned by the Federal Government during the 1950s and 60s. Desegregation encouraged blacks to live and shop elsewhere in the city, causing Greenwood to lose much of its original vitality. Since then, city leaders have attempted to encourage other economic development activity nearby.”

“Not only did African Americans want to contribute to the success of their own shops, but also the racial segregation laws prevented them from shopping anywhere other than Greenwood”

Statistics reveal………………………………………………………

White owned business – $10.3 Trillion

Asian owned business- $513.9 billion

Hispanic owned business- $345.2 billion

Black owned business- $137.4 billion

Black people make up the second largest population in America, are one of the largest consumers, but generate less business income than other races. 

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