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The Impact Of Selected Socioeconomic Factors On Asset Building In Rural Communities, Nii O. Tackie, Judith N. Aboagye, Gwendolyn J. Johnson, Millicent Braxton, Latanya Hunt-Haralson, Gertrude D. Wall

Professional Agricultural Workers Journal

The study examined the impact of selected socioeconomic factors on asset building. Using a questionnaire, data were obtained from a convenience sample of 204 participants from several Alabama Black Belt Counties, and analyzed using descriptive statistics and logit analysis. The results showed that a majority (64%) was willing to participate in an asset building program. Of this, an overwhelming majority (at most 70%) wanted to set up a small business; further their education, or purchase a home. In addition, one socioeconomic factor, age, had a statistically significant (p = 0.016) effect on willingness to participate in an asset building …