My Dear Students, today is not a day of our usual studying but a special day in our City because all of many many citizens as well as guests are planning to GO SHOPPING. BLACK FRIDAY! What is it? How long ago did it start? What were the real reasons of it? Here is some information for you.... What Is the History of Black Friday? The history of Black Friday started much earlier than people think. The day after Thanksgiving was the unofficial beginning of the Christmas season since the late 19th century. President Lincoln designated the Thanksgiving holiday as the last Thursday in November. The day after Thanksgiving wasn't called Black Friday then. The name was associated with September 24, 1869 . Two speculators, Jay Gould and James Fisk, created a boom-and-bust in gold prices . A stock market crash followed, as prices fell 20 percent. The disruption in gold prices sent commodity prices plummeting 50 percent. Corruption in...
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