What’s The True History Of Black Friday?

Explanation
Black Friday was initially named due to a traffic accident. The term originated in the 1960s in Philadelphia, where it was used to describe the heavy and disruptive pedestrian and vehicle traffic that occurred on the day after Thanksgiving. The accident reference highlights the chaotic and frenzied nature of the day, with shoppers rushing to take advantage of sales and causing congestion and accidents in the process.

Explanation
In 1950, workers began to call themselves sick to increase their weekend.

Explanation
The name was first recorded in the year 1966.

Explanation
The term "Black Friday" was first used by the Philadelphia Police in the 1960s to describe the chaotic and crowded shopping day after Thanksgiving. The police officers used this term to refer to the heavy traffic and chaos that occurred as shoppers flocked to stores for sales and discounts. The term eventually caught on and became widely used to describe the day.

Explanation
The correct answer is Philadelphia. The question is asking about the location where the term "Black Friday" was named. Philadelphia is known to be the birthplace of the term, which originated in the 1960s to describe the heavy and disruptive pedestrian and vehicle traffic that would occur on the day after Thanksgiving.

Explanation
On October 19, 1987, the stock market experienced a significant crash, with the Dow Jones Industrial Average dropping by 22.6%. This event became known as "Black Monday" because of the severe financial losses and economic turmoil it caused. The term "Black" is often used to describe catastrophic events in the financial markets, and "Monday" refers to the specific day on which this crash occurred.

Explanation
On October 25, 1929, the stock market experienced a significant crash, which marked the beginning of the Great Depression. This day became known as "Black Thursday" due to the massive decline in stock prices and the subsequent economic turmoil it caused. The term "Black" is commonly used to describe financial disasters or market crashes, and in this case, it signifies the dark and devastating impact of the event on the economy and people's lives.

Explanation
The correct answer is 2008. This year is widely regarded as the worst black Friday ever because it was the peak of the global financial crisis. The crisis was triggered by the collapse of Lehman Brothers, a major investment bank, which led to a severe economic downturn and a significant drop in stock markets worldwide. The effects of the crisis were felt in various sectors, including housing, banking, and employment, causing widespread financial hardship and uncertainty.