Black Friday

Black Friday is a single day after Thanksgiving, where retail companies have promotions and discounts on certain products for us to buy. "The first recorded use of the term “Black Friday” was applied not to holiday shopping but to financial crisis: specifically, the crash of the U.S. gold market on September 24, 1869". Two Wall Street financiers, Jay Gould and Jim Fisk bought together, "nation’s gold, hoping to drive the price sky-high and sell it for astonishing profits. On that Friday in September, the conspiracy finally unraveled, sending the stock market into free-fall and bankrupting everyone from Wall Street barons to farmers. The most commonly repeated story behind the post-Thanksgiving shopping-related Black Friday tradition links it to retailers. As the story goes, after an entire year of operating at a loss (“in the red”) stores would supposedly earn a profit (“went into the black”) on the day after Thanksgiving, because holiday shoppers blew so much money on discounted merchandise. Though it’s true that retail companies used to record losses in red and profits in black when doing their accounting, this version of Black Friday’s origin is the officially sanctioned—but inaccurate—story behind the tradition". I think this benefits the producers and consumers, which is a win- win for all of us. But there has been some research towards this day that products are actually made with cheaper material and this could cause the product to last shorter, which is an issue because what's the point of buying them if their going to not last you. For the past 2 years I've actually have not participated in any of the Black Friday propaganda. My mom and I usually go when we want a new TV or anything electronic. Other than that, sometimes their clothing sales aren't as much as a big deal. 
Source:http://www.history.com/news/whats-the-real-history-of-black-friday

Photo Credits: http://www.wareable.com/black-friday-deals/black-friday-deals-on-fitness-trackers-smartwatches-vr-headsets-9323