The Welcome Return of Black Wall Street
|09/25/2016||Posted by BusinessMediaguide.Com under General World News||
The post-Reconstruction South ushered in Jim Crow laws, systemically designed to condemn the black community to second-class citizenship. To counter this reality, several black communities across the country developed areas known as “Black Wall Street.”
These were financial nerve centers of economic development spurred by black entrepreneurs who sought to meet the needs of their community that would otherwise be denied because of segregation.
Arguably, the most successful of the Black Wall Streets was located in Durham. The four block hub on Parrish Street served the black community there for nearly a century.
National leaders including W.E.B. DuBois and Booker T. Washington visited read more >>>