Why ask about gender, Hispanic or Latino origin, and race?

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Why ask about gender, Hispanic or Latino origin, and race?

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The SBO is the only source of statistics about the demographic characteristics of the owners of approximately 26 million American businesses, including their business organizations and activities. SBO statistics have been produced every 5 years since 1972 and have proven useful in helping to understand changes taking place in our dynamic and growing economy. SBO results have helped to profile census-to-census changes in business performance, highlight conditions of business success and failure, and compare minority-/nonminority- and women-/men-owned businesses.