African Americans and the Economy

Black Economic Disparity

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In 2022, what was the gap between percentages of Black and White home ownership?

Multiple Choice

Has the gap in home ownership increased or decreased since 1976?

• Increased

• Decreased

Dropdown

Black applicants are ​

Select answer

times more likely to be denied for mortgage loans than white applicants and Latino applicants are ​

Select answer

times more likely to be denied than white applicants.

Multiple Choice

Has the Black-white income gap increased or decreased since 1970?

• Increased

• Decreased

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In 2018, the gap in median income between Black and white households was

Black Entrepreneurs

Oprah Winfrey

• Billionaire Media mogul and philanthropist

• American host and television producer

• Best known for hosting her internationally popular talk show from 1986-2011

• Launched her own television network, OWN in 2013

• World's first Black woman billionaire

Robert Johnson

• Co-founder of Black Entertainment Television

  • Television network focused on African American culture and entertainment

• First black billionaire in the United States after he sold the network to Viacom in 2001

• Has since started a new business, RLJ Companies, and invested in an NBA team, film company, and political campaigns

Shonda Rhimes

• Award winning writer and producer, founder of Shondaland

• Created hit TV shows including Greys Anatomy and How to Get Away with Murder

• Has penned several screenplays including Crossroads and Introducing Dorothy Dandridge

• First African American woman to create and executive produce a TOP 10 network series

Berry Gordy

• American executive, record producer, songwriter, and film/television producer

• Founder of Motown Records, highest earning African American business for decades

  • Included popular artists such as the Supremes, the Jackson 5, Stevie Wonder, and Marvin Gaye

• He sold the company in 1988 but was inducted into the Rock and Roll Hall of Fame that same year

Fill in the Blanks

What television network was launched by Oprah Winfrey

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What was the name of the record label founded by Berry Gordy

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What was the name of Shonda Rhimes' television production company?

Fill in the Blanks

What was the name of the African American television network founded by Robert Johnson?

Match

Match the following

• First African American woman to create and executive produce a TOP 10 network series

• Hosted an internationally popular talk show and launched a new network

• Founder of Black Entertainment Television

• Founder of Motown Records

Shonda Rhimes

Oprah Winfrey

Robert Johnson

Berry Gordy

• Shonda Rhimes

• Oprah Winfrey

• Robert Johnson

• Berry Gordy

Daymond John

• American businessman, investor, and television personality

• Investor on the ABC reality TV series Shark Tank

• Founder, president, CEO of FUBU

  • American hip-hop apparel company

• Founder of the Shark Group

Reginald Lewis

• One of the richest African American men in the 1980s

• First African American to build a billion dollar company - Beatrice Foods Company

• Estimated net worth of $400 million when he died in 1993

Dr. Dre

• American rapper and record producer

• Founder and CEO of Aftermath Entertainment (record label) and Beats Electronics (consumer audio products)

• Co-founder and president of Death Row Records

• Signed artists like Eminem, 50 Cent, Kendrick Lamar, etc.

Ursula Burns

• Former CEO of Xerox from 2009 - 2016

  • Company sells print and digital document products and services

• First Black woman to head a Fortune 500 company

• Has served on the board of directors for Uber, American Express, and ExxonMobil

Multiple Choice

Reginald Lewis became the first African American to build a billion dollar company. What type of products did they sell?

• Food

• Apparel

• Print Products and Services

• Automobiles

Fill in the Blanks

What was the name of Daymond Johns' hip hop apparel company?

Fill in the Blanks

Ursula Burns is the former CEO of:

Multiple Choice

Which of the following brands would be associated with Dr. Dre?

Match

Match the following

• Founder of FUBU, investor on Shark Tank

• First African American to build a billion dollar company

• Rapper/Record Producer, Co-founder and president of Death Row Records

• CEO of Xerox, First Black woman to head a Fortune 500 company

Daymond John

Reginald Lewis

Dr. Dre

Ursula Burns

• Daymond John

• Reginald Lewis

• Dr. Dre

• Ursula Burns