The stat about minority-owned business ownership being over half in 2015 identifies which group as the owner majority?

• A. Asian Americans
• B. African Americans
• C. Hispanic Americans
• D. Native Americans

Answer: (A)

This item focuses on which group holds the majority of minority-owned businesses in 2015. Minority-owned firms are those owned by individuals from groups other than non-Hispanic whites. In 2015, Asian American entrepreneurs owned more than half of all minority-owned businesses, making them the owner majority within that category. This doesn’t mean Asians own most businesses overall, just that within the minority-owned segment they constitute the largest share. Other groups—African Americans, Hispanic Americans, Native Americans—own minority portions of minority-owned businesses, so they do not form the owner majority. This pattern highlights how entrepreneurship is concentrated among Asian Americans within the broader spectrum of minority-owned firms.