Certified Professional in Supplier Diversity (CPSD) Practice Test 10

The introduction of the Small Business Act of 1953, which aimed to support small businesses, particularly those owned by minorities, by providing them access to federal contracts.

The establishment of the Office of Minority Business Enterprise in 1979, which was a direct response to the economic disparities highlighted during the Civil Rights Movement.

The implementation of affirmative action policies in the 1960s, which primarily focused on employment rather than procurement opportunities for minority-owned businesses.

The creation of the Minority Supplier Development Program in 1972, which was designed to enhance the capacity of minority suppliers but did not directly address the systemic barriers faced by these businesses.