What was the purpose of the Black Wall Street in Tulsa, Oklahoma in the early 20th century?

To create a self-sufficient black community with a thriving economy

What was the impact of redlining on Black wealth in the US during the 20th century?

Excluded black people from buying homes in certain neighborhoods

How did the Great Recession of 2008 impact Black wealth in the US?

Disproportionate impact on black wealth, exacerbating disparities

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Black Wealth in US History

5 termsStudBud Administration2,552 plays

Black wealth in the US refers to the assets and resources that have been owned by the Black community throughout history. Despite facing systemic barriers such as slavery, segregation, and workplace discrimination, there have been instances of black wealth creation, such as during the Reconstruction era and in the Black Wall Street community in Tulsa, Oklahoma. However, events like the Tulsa Race Massacre and the Great Recession have had a significant impact on black wealth.

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Questions 5

Answers

1
What was the purpose of the Black Wall Street in Tulsa, Oklahoma in the early 20th century?
To create a self-sufficient black community with a thriving economy
To showcase black intellectual achievements
To provide education for black children
To protest against racial discrimination in business ownership
2
During the era of Jim Crow in the United States, what was the primary source of wealth for African American communities?
Real estate ownership
Inheritance from former slaves
Business ownership
Sharecropping
3
What was the impact of redlining on Black wealth in the US during the 20th century?
It provided incentives for black people to invest in the stock market.
It made it easier for black people to get loans and start businesses
Excluded black people from buying homes in certain neighborhoods
Created opportunities for black people to build wealth with homeownership.
4
How did the Great Recession of 2008 impact Black wealth in the US?
It provided opportunities for black people to start new businesses.
Disproportionate impact on black wealth, exacerbating disparities
It had no impact on black wealth as it was not affected by the recession
It increased black wealth as more people invested in stocks
5
What was the primary cause of the loss of wealth for African American families during the 20th century?
The Great Migration to urban areas
The implementation of discriminatory housing policies like redlining
All of the above
The collapse of the housing market during the Great Depression

Black Wealth in US History Flashcards | StudBud

Black Wealth in US History

5 termsStudBud Administration2,552 plays

Flashcards5 cardsFPractice quizPHost liveL

Questions 5

Answers

1
What was the purpose of the Black Wall Street in Tulsa, Oklahoma in the early 20th century?
To create a self-sufficient black community with a thriving economy
To showcase black intellectual achievements
To provide education for black children
To protest against racial discrimination in business ownership
2
During the era of Jim Crow in the United States, what was the primary source of wealth for African American communities?
Real estate ownership
Inheritance from former slaves
Business ownership
Sharecropping
3
What was the impact of redlining on Black wealth in the US during the 20th century?
It provided incentives for black people to invest in the stock market.
It made it easier for black people to get loans and start businesses
Excluded black people from buying homes in certain neighborhoods
Created opportunities for black people to build wealth with homeownership.
4
How did the Great Recession of 2008 impact Black wealth in the US?
It provided opportunities for black people to start new businesses.
Disproportionate impact on black wealth, exacerbating disparities
It had no impact on black wealth as it was not affected by the recession
It increased black wealth as more people invested in stocks
5
What was the primary cause of the loss of wealth for African American families during the 20th century?
The Great Migration to urban areas
The implementation of discriminatory housing policies like redlining
All of the above
The collapse of the housing market during the Great Depression