What is Black Friday ?

Little about Black Friday


Black Friday is the day after thanksgiving which is in the Last Week of November and this is when the Holiday season starts in United States of America.It is one of the Busiest shopping day in USA and people from all cast and race come down and shop a Lot.
Black Friday as a term has been used in multiple contexts, going back to the nineteenth century, where it was associated with a financial crisis in 1869 the United States. The earliest known reference to "Black Friday" to refer to shopping on the day after Thanksgiving was made in a public relations newsletter from 1961 that is clear on the negative implications of the name and its origin in Philadelphia

Graph showing the hike in shopping

Background

Black Friday is one of the busiest shopping days in the USA. There are two popular theories as to why the day after Thanksgiving Day is called Black Friday. One theory is that the wheels of vehicles in heavy traffic on the day after Thanksgiving Day left many black markings on the road surface, leading to the term Black Friday.

The other theory is that the term Black Friday comes from an old way of recording business accounts. Losses were recorded in red ink and profits in black ink. Many businesses, particularly small businesses, started making profits prior to Christmas. Many hoped to start showing a profit, marked in black ink, on the day after Thanksgiving Day.

Big Channel Stores such as Best Buy,Walmart etc offer huge discount on purchase on Black Friday.It is also declared public holiday in some States of USA but not all.......


So here's a Question What do people do in on Black Friday ?
Ans: -Many people have a day off work or choose to take a day from their quota of annual leave on Black Friday. Some people use this to make trips to see family members or friends who live in other areas or to go on vacation. Others use it to start shopping for the Christmas season.

Shopping for Christmas presents is also popular on Black Friday

Something about Public Life :- 

Black Friday is not a federal holiday, but is a public holiday in some states. Many people take a day of their annual leave on the day after Thanksgiving Day. Many organizations also close for the Thanksgiving weekend.

Public transit systems may run on their normal schedule or may have changes. Some stores extend their opening hours on Black Friday. There can also be congestion on roads to popular shopping destinations.