Which of the following is true about the relationship between the Tulsa Race Massacre and
the Black-White wealth gap?
A. With Black-owned businesses destroyed during the Massacre, their wealth did not have a chance to
diversify or multiply over time.
B. The destruction of Black-owned businesses led to money being redirected into established White-owned
businesses rather than invested in Black communities.
C. Both A and B
D. Neither A nor B

Question

15-05-2024
History

Answered

Which of the following is true about the relationship between the Tulsa Race Massacre and
the Black-White wealth gap?
A. With Black-owned businesses destroyed during the Massacre, their wealth did not have a chance to
diversify or multiply over time.
B. The destruction of Black-owned businesses led to money being redirected into established White-owned
businesses rather than invested in Black communities.
C. Both A and B
D. Neither A nor B

Verified Answer :

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GinnyAnswer GinnyAnswer · Answer 1 · 2024-05-15T08:08:20-04:00

Final answer:

The Tulsa Race Massacre impacted the Black-White wealth gap by hindering the diversification of Black wealth and redirecting money into White-owned businesses.

Explanation:

Both A and B are true about the relationship between the Tulsa Race Massacre and the Black-White wealth gap. The Tulsa Race Massacre, which destroyed Black-owned businesses and wiped out generational wealth, hindered the ability for Black wealth to diversify and multiply over time. This destruction led to money being redirected into established White-owned businesses rather than being reinvested in Black communities.

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