BUYING BLACK HELPS BLACK COMMUNITIES
The more black communities buy from black businesses the more opportunities that black communities have the ability to grow and increase economically.
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Black economics 101 foundation supports
Youth Education
Family Wealth Building
Preparing Our Future
We Need A Black Economic Agenda
Black Americans have struggled in the United States to get fair living conditions. Though we have made strides toward a better life, we still are at the bottom when it comes to economic growth. Being only 13% of the population we only have 2.6% of the wealth of this nation.
According to the New York Times, for every $100 in white family wealth, black families hold just $5.04.
The Economic Policy Institute found that more than one in four black households have zero or negative net worth, compared to less than one in ten white families without wealth.
The Institute for Policy Studies recent report The Road to Zero Wealth: How the Racial Divide is Hollowing Out the America’s Middle Class (RZW) showed that between 1983 and 2013, the wealth of the median black household declined 75 percent (from $6,800 to $1,700)…
BANKING
We can improve our economic status, if we work together as one.
BUSINESS
Helping Black businesses become the backbone of the black community.
HOME OWNERSHIP
Increasing the stability in the black community with homeownership.