The Most Important Policies That Impacted African Americans
The 11 Most Important Policies That Impacted African Americans in The Last 50 Years - Page 11
Executive Order 11458
John H. Johnson was one of the first major black business owners in the country.Signed under the Richard Nixon administration, it mandated the Commerce Department to create the U.S. Office of Minority Business Enterprise that contributes “to the establishment, preservation, and strengthening of minority business enterprise.” In an effort to promote education, employment and business development opportunities the order allowed for more minority business to launch.
Date Enacted: March 1969
Proponent: Richard Nixon
Effect on African-Americans: Since the order was signed, the number of black owned businesses has grown to 5.8 million, more than twice the rate of all U.S. businesses, the bureau said.
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