The Impact of Selected Socioeconomic Factors on Asset Building in Rural Communities

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 program. Consequently, it was recommended that policies and programs that encourage participation in asset building be put in place for residents in the study area, focusing on age as a key factor, among others, to improve wealth. Critical resources to use in this effort are the community-based organizations, and research institutions

An Analysis of the Relationship between Socioeconomic Factors and Leadership Styles in Selected Counties of the Alabama Black Belt

Socioeconomic factors are important to leadership styles and may have an influence on leadership styles. The study assessed the relationship between socioeconomic factors and leadership styles in selected counties of the Alabama Black Belt. Data were collected from a purposive sample of 38 locally elected officials, and were analyzed using descriptive statistics and multiple regression analysis. The results showed that there were more male, Black, “older”, educated, moderate- to moderately high-income household, and low- to medium-tenured elected officials than otherwise. The most dominant leadership style was participating; followed by telling and selling. Gender and age had enhancing effects (i.e., positive relative impacts) on the participating leadership style; race had enhancing effects on the selling, delegating, and democratic leadership styles; education had enhancing effects on the selling, participating, and delegating leadership styles; household income had enhancing effects on all the leadership styles, and tenure had an enhancing effect on the autocratic leadership style. This suggests that the officials are more prone to use the said leadership styles vis-à-vis the particular socioeconomic factors. Keywords: Leadership styles, Leadership, Socioeconomic factors, Black Bel

An Analysis of the Relationship Between Leadership Styles and Community Development in Selected Counties of the Alabama Black Belt

Leadership styles are surmised to influence community development. The study, therefore, assessed the relationship between leadership styles and community development in selected Black Belt Counties of Alabama. Data were collected from a purposive sample of 38 locally elected officials, and were analyzed using descriptive statistics and multiple regression analysis. The most dominant leadership style selected was participating; followed by telling and selling, with identical ratings; delegating; autocratic, and democratic. The most preferred economic indicators were improving the physical infrastructure and constructing a 24-hour health facility. Additionally, participants indicated that constructing or improving of an industrial park; locating a manufacturing company, and locating a tier-1 automobile supplier are important facets of community development. Furthermore, the more preferred educational factor was providing after school programs, and the more preferred social factor was providing recreational facilities. The regression results revealed that of the economic indicators, democratic leadership style had the most relative importance; of the educational indicators, telling leadership style had the most relative importance, and of the social indicators, delegating leadership style had the most relative importance. For the overall community development indicator, democratic leadership style had the most relative importance. Keywords: Leadership Styles, Leadership, Community Development, Black Bel

THE IMPACT OF SELECTED SOCIOECONOMIC FACTORS ON ASSET BUILDING IN RURAL COMMUNITIES

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 program. Consequently, it was recommended that policies and programs that encourage participation in asset building be put in place for residents in the study area, focusing on age as a key factor, among others, to improve wealth. Critical resources to use in this effort are the community-based organizations, and research institutions