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Migration, Development and Social Capital - Coursework Example

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The reading describes the economic behavior of groups that can be regarded as non-mainstream by evaluating the reasons behind the success of their enterprises. From the reading, one can understand why some minorities, who seem to languish in poverty, have risen in the economic…
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Migration, Development and Social Capital

Download file to see previous pages... It is clear from the reading that enclaves are a combination of business enterprises whose ownership belongs to people who share the same cultural values and backgrounds. Members of an enclave can be easily understood by the geographic area that they occupy and similarities in the economic activities that earn them a living (Portes 2010, p.164).
The author has explored the characteristics that define an ethnic enclave. Most ethnic enclaves are occupied by members of a particular ethnic group who speak the same language and share certain customs. In the United States, for example, ethnic enclaves comprise of immigrants from the same cultural backgrounds who have become entrepreneurs in a certain area. Such minorities may have challenges in accessing capital required to start a business enterprise. They also lack proper connections with policy makers (Portes 2010, p.166). In order to overcome these challenges, minority entrepreneurs utilize the available resources and set an enterprise. Some of the ethnic enclaves comprise of minorities of the Jewish, Korean, Japanese, and Cuban ...Download file to see next pagesRead More
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