Black-owned business in the context of "African-American culture"

The Black power movement or Black liberation movement emerged in the mid-1960s from the mainstream civil rights movement in the United States, reacting against its moderate and incremental tendencies and representing the demand for more immediate action to counter White supremacy. Many of its ideas were influenced by Malcolm X's criticism of Martin Luther King Jr.'s peaceful protest methods. The 1965 assassination of Malcolm X, coupled with the urban riots of 1964 and 1965, ignited the movement. While thinkers such as Malcolm X influenced the early movement, the views of the Black Panther Party, founded in 1966, are widely seen as the cornerstone. Black power was influenced by philosophies such as pan-Africanism, Black nationalism, and socialism, as well as contemporary events such as the Cuban Revolution and the decolonization of Africa.

During the peak of the Black power movement in the late 1960s and early 1970s, many African Americans adopted "Afro" hairstyles, African clothes, or African names (such as Stokely Carmichael, the chairman of the Student Nonviolent Coordinating Committee who popularized the phrase "Black power" and later changed his name to Kwame Ture) to emphasize their identity. Others founded Black-owned stores, food cooperatives, bookstores, publishers, media, clinics, schools, and other organizations oriented to their communities. American universities began to offer courses in Black studies, and the word Black replaced negro as the preferred usage in the country. Other leaders of the movement included Huey P. Newton and Bobby Seale, founders of the Black Panther Party.