Black Friday
Black Friday is the day following Thanksgiving in the United States, celebrated on the fourth Thursday of November. It marks the start of the holiday shopping season, with many retailers offering significant discounts and promotions. The term "Black Friday" originally referred to the day when businesses began to turn a profit, going from “in the red” (loss) to “in the black” (profit). Shoppers often line up early for deals, which can lead to large crowds and intense competition. It has since become a major shopping event, both in stores and online, with widespread participation.
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Black Friday in 1910 refers to a marked financial crisis in the United States, specifically in the coal industry. A severe cold snap and related coal shortages led to panic buying and skyrocketing prices. In response, consumers rushed to stock up on coal, resulting in chaotic scenes and significant social disruption. The term "Black Friday" originally described this economic turmoil, reflecting the struggles of people trying to secure necessary resources during a crisis. This event is distinct from the modern retail shopping day associated with post-Thanksgiving sales but highlights the broader historical resonance of economic challenges.