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Survey of Free Market Principles for Encouraging Market: Participation of African American and the Economically Challenged

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  • Amaechi N. Nwaokoro

Abstract

This study targets to challenge African American and other economically challenged to embrace free market principles to enhance their participation in the economy of Albany/Dougherty County, Georgia. With a market-based questionnaire, this study assess the understanding of these principles from among the students of Albany State University, the major educational institution in the county. Among other compelling actions, the responses provided on the survey highlight the need for effective education, increasing interest in taking market risks, elevation of access to capital, and fairer and inclusive society.

Suggested Citation

  • Amaechi N. Nwaokoro, 2017. "Survey of Free Market Principles for Encouraging Market: Participation of African American and the Economically Challenged," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 9(1), pages 130-144, January.
    • Handle: RePEc:ibn:ijefaa:v:9:y:2017:i:1:p:130-144
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    References listed on IDEAS

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    3. Masud Ahmed, Syed & Chowdhury, Mushtaque & Bhuiya, Abbas, 2001. "Micro-Credit and Emotional Well-Being: Experience of Poor Rural Women from Matlab, Bangladesh," World Development, Elsevier, vol. 29(11), pages 1957-1966, November.
    4. Magnus Lofstrom & Timothy Bates, 2013. "African Americans’ pursuit of self-employment," Small Business Economics, Springer, vol. 40(1), pages 73-86, January.
    5. W. Norton Grubb, 1993. "The Varied Economic Returns to Postsecondary Education: New Evidence from the Class of 1972," Journal of Human Resources, University of Wisconsin Press, vol. 28(2), pages 365-382.
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    Cited by:

    1. Amaechi N. Nwaokoro & Victor Williams & Sandra Washington, 2021. "Several Unfavorable Estimates on African Americans Implicate Poverty: Need for More Understanding and Participating in the Market Economy," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 13(9), pages 1-84, August.

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    More about this item

    Keywords

    poverty; inequality; partnership; financial instruments; accessible capital; market principles; free enterprise;
    All these keywords.

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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