(50) Some groups, like Black Americans, found other means
of financial support for their entrepreneurial efforts.The
first Black-operated banks were created in the late nine-
teenth century as depositories for dues collected from
fraternal or lodge groups, which themselves had sprung
(55) from Black churches. Black banks made limited invest-
ments in other Black enterprises. Irish immigrants in
American cities organized many building and loan asso-
ciations to provide capital for home construction and
purchase. They, in turn, provided work for many Irish
(60) home-building contractor firms. Other ethnic and
minority groups followed similar practices in founding
ethnic-directed financial institutions.
1. Based on the information in the passage, it would be
LEAST likely for which of the following persons to be
part of a self-help network?
(A) The entrepreneur's childhood friend
(B) The entrepreneur's aunt
(C) The entrepreneur's religious leader
(D) The entrepreneur's neighbor
(E) The entrepreneur's banker
2. Which of the following illustrates the working of a self-
help support network, as such networks are described
in the passage?
(A) A public high school offers courses in book-keeping
and accounting as part of its open-enrollment adult
education program.
(B) The local government in a small city sets up a
program that helps teen-agers find summer jobs.
(C) A major commercial bank offers low-interest loans
to experienced individuals who hope to establish
their own businesses.
(D) A neighborhood-based fraternal organization
develops a program of on-the-job training for its
members and their friends.
(E) A community college offers country residents
training programs that can lead to certification in a
variety of technical trades.
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