Class Act Radio 27 Why You Should Support Black Businesses

Class Act Radio

English - July 18, 2021 03:00 - 2 hours - 82.5 MB
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DaBaby recently went viral after reverse hustling some kids who tried to sell him candy. After the kids tried to sell him their entire box of candy for $200, DaBaby opted to buy only $4.00 worth of candy. The internet is torn between did DaBaby teach the kids a valuable lesson or was he wrong for not spending more money with them?

In addition to Dababy, I discuss reasons to support black owned businesses like closing the racial wealth gap and strengthen local black communities with new resources and services. A 2017 study by the National Community Reinvestment Coalition found that banks were 2x times as likely to provide business loans to white applicants than black applicants and 3x times likely to have follow up meetings with white applicants than black applicants.