Business and Commerce

Black-Owned Businesses

When was the golden age of black business development?

What was called the golden age of black business development came during the first half of the twentieth century. Although they offered new lines of business, black enterprises continued to serve a segregated market. Emerging markets included real estate and structures such as hotels, homes, theaters, office buildings, and other facilities. There were also black-owned railroad lines, municipal transportation systems, automobile repair shops, and automobile manufacturing companies. Black banks and loan associations were their primary source of finance.


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