Ethnicity Patterns of Small Businesses in Free-market Bushwick

Abstract This paper looks at a free-market microcosm of the American economy – Bushwick, New York. By looking at the background of selected small businesses and understanding how ethnic businesses operate on a local level, research and data will prove the prevalence of the diversity of various ethnic groups, along with disparities in businesses, located in the area.

Introduction Capitalism is perhaps the greatest legacy that the United States of America will ever bestow to the history of the world. Taking nothing away from merits of democracy, a free-market economy is an indispensable platform for prosperity. It is the hyper active authority in bestowing upon the rest of the world the accumulated wealth of humanity. Today, more than thirty trillion dollars worth of products and services are sold and bought all around the world each and every year. Added to that, tens of trillions of dollars worth of currencies are traded around the clock in every major country. At the forefront of this historical development is the freest nation on the face of the planet.[1] Embedded to this scenario is one of America’s most progressive states and the sixth most expensive city in the world, New York – the Empire State. Almost twenty million people of diverse backgrounds call this place home.[2] Here men, women and children of all races, creeds, political beliefs, religious backgrounds, and social profiles converge. From Wall Street to Main Street businesses, theater to television, the homeless to multi-billionaires, this is one of the few places on the earth that best represents the American dream, where everyone from migrant workers, to wannabe thespians, and the next computer genius-geek aspire for fortune and