This study investigates relationships between government programs to finance minority enterprise and the recent progress of Blacks in wholesaling. By emphasizing assistance to less viable Black entrepreneurs, government programs are simultaneously decreasing loan availability for viable, expanding firms in our innercity communities and increasing the overall incidence of default on loans to Black borrowers.
Get full access to this article
View all access options for this article.
References
1.
Bates, T. (1975) "Government as an intermediary for minority entrepreneurs: an evaluation." J. of Business28 (October): 541-557.
2.
——— (1974) "Financing black enterprise." J. of Finance29 (June): 747-761.
3.
U.S. Bureau of the Census (1975) 1972 Survey of Minority-Owned Business Enterprises MB 72-4. Washington, DC: Government Printing Office.
4.
Internal Revenue Service (1975) Statistics of Income—1971. Washington, DC: Government Printing Office.
5.
Office of Management and Budget (1976) Interagency Report on the Federal Minority Business Development Programs . Washington, DC: Government Printing Office.
6.
Small Business Administration (1973) SBA: What It Is ... What It DoesWashington, DC : Government Printing Office.
