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INCLUSIVE ECONOMY

Economic equity is crucial to racial equity. An inclusive economy means everyone can contribute and earn with fair access to resources and opportunity.

THE CHALLENGE

The so-called American dream is out of reach. A great deal of research confirms what we already know — investments in communities of color are paramount to mitigating racism and historic disinvestment. Existing policy is insufficient.

  • White families typically make 10 times that of Black families, one of many financial gaps that come from decades of discriminatory policies and nearly three centuries of slavery.

  • There are extreme disparities in employment, home ownership, and housing affordability in the Black community.

  • Closing the revenue gap between Black and white businesses would generate an additional $290 billion for the U.S. economy.

The lack of racial equity in how the American economy functions severely impacts Black people, who are systematically restricted from being fully realized participants. Economic equity is a crucial part of establishing holistic racial equity for Black people. It's not just important that Black people be able to contribute to the economy as workers and consumers, but also as owners with the same access to resources and chance at success as anyone.

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CONNECTING TO OUR FINANCIAL FUTURE

"Creating economic equity is a vital step towards achieving holistic racial equity for Black people. It's not just about being able to participate in the economy as workers and consumers, but also as small business owners with equal access to resources and opportunities for success. One way to start is by taking control of your credit journey."

WHAT WE'RE FIGHTING FOR

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MEET DR. JANICE LITTLE

Dr. Janice Little is a dedicated Committee Chair of Economic Development for the NAACP Missouri City & Vicinity Branch. Her mission is to promote economic growth and development in Fort Bend County, helping people achieve their highest potential. Our website offers valuable insights into Dr. Little's service and how she is making a difference in the lives of many.

PAVING THE WAY FOR BLACK BUSINESSES

"United Small Black Businesses" is committed to addressing the disparities in Black Owned Businesses by providing shared knowledge, networking opportunities, and shared resources. Our goal is to help structure businesses correctly and promote growth within the community. Join us in our pledge to make a positive impact in 2024 and beyond.

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INCLUSIVE ECONOMIC POLICIES

Accelerating an inclusive economy requires bold policy solutions, and a sustained and comprehensive multi-sector approach — working alongside community leaders, elected officials, and allies to close opportunity gaps.

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NAACP CONTEST EVENT
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