It's Time for a New Approach to Racial Equity

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Date
2020-12-02
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Journal ISSN
Volume Title
Publisher
McKinsey & Company
Abstract

Racial inequalities have taken a negative toll on the lives of many Black Americans despite the efforts of a number of organizations whose goal is to bring equality to those who have been disenfranchised. The Federal Reserve Bank of New York found that more than 40% of Black-owned businesses in the US closed between February and April of 2020 which is equal to 440,000 Black business owners. The same report found 17% of white-owned businesses realized the same fate.

Description
Keywords
Covid-19, Mortality rate, Black Americans, Inequality, Racial disparities, Racial equality, Equality coalition
Citation