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TeachMeFinance.com - explain minority businesses minority businesses -- The U.S. Small Business Administration defines minorities as those who are "socially or economically disadvantaged". The regulations set forth the specific criteria. Social disadvantage has to do with membership in one of several different racial or ethnic categories as defined by regulation, or on a case-by-case basis for those others who feel they are socially disadvantaged. Groups which are considered to be socially disadvantaged include: Black Americans; Hispanic Americans; Native Americans(American Indians, Eskimos, Aleuts, or Native Hawaiians); Asian Pacific Americans (persons with origins from Japan, China, the Philippines, Vietnam, Korea, Samoa, Guam, U.S. Trust Territory of the Pacific Islands, Northern Marianna Islands, Laos, Cambodia or Taiwan); and Subcontinent Asian Americans. Economic disadvantage has to do with the barriers that social disadvantage has placed in the way of an individual's participation in business and employment. SBA district offices have minority business specialists who can help with the definitions. In most cases, being a woman does not by itself qualify as minority status. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.