The Negro Factories Corporation
Instituted on January 20, 1920, the Negro Factories Corporation sought to create corporations which would employ only blacks, as well as produce commodities only sold to black consumers. As Marcus Garvey proclaimed himself: “Negro producers! Negro distributors! Negro Consumers!” Garvey’s ideal of an all black economy that could eventually supply black consumers across the globe was not only ambitious, but to an extent also successful. Under Garvey’s guidance, independent black grocery stores, restaurants, Laundromats, tailor shops, millinery stores, and publishing houses were created. The Negro Factories Corporation had vital impacts on the United States. It proved to society that blacks were economically able, and could operate successfully and independently as business men and entrepreneurs. More importantly, it gave blacks across the country initiative and hope, as well as the secular identity required to prosper in American society.
Read more about this topic: Rastafari Movement In The United States
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