Influence Of Jim Crow Legislation On The Development Of Black Self-Employment

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Most of these theories are not mutually exclusive, and there is no reason to expect that only one cause predominates. All of these theories merely push back the question--why do people differ in their attitudes toward risk or their abilities to run a business or in the constraints they face? This is where ethnicity and race enter the story. People's ethnic and racial backgrounds may expose them to a variety of cultural and psychological factors that affect risk-taking and management skills. Ethnicity and race may be correlated with the constraints they face as well. For example, even after slavery, there were severe institutional constraints on the development of black self-employment. Jim Crow legislation restricted the size and revenues
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