Question

Why have there been historically so few women and minority-owned businesses?

		There are fewer funds available to them and there has been a lack of women and minority mentors to guide new entrepreneurs in these categories.
		Women and minorities traditionally were less likely to consider all of the risks in entrepreneurship.
		The industries in which women and minorities started new companies have had downward trends, limiting the probability of their businesses succeeding.
		Women and minorities have historically preferred traditional careers.

Answer 1

Option A

The entrepreneurship is the process of building business by taking the risk. Am entrepreneur assumes the risk while investing his own funds and externally borrowed funds to produce goods or services and in return expects profit.
The occidental ideology which has been developed in the Europe always encouraged risk taking and innovation in the society which has created wealth and development in the society.

The story of the US is no different as European settlers' brought hat ideology to the country and achieved great progress. The minority community such Blacks and Asians lacked that ideology and further being in minority and poor they relatively had lower access to funds from their own source as well from the external.

Gender discrimination for a long period of time in Europe and even in the US restricted the women from having entrepreneurial role. The lack of peer guidance in the minority and women's group restricted the business circle which made it difficult for them to be an entrepreneur and successfully run the business.