Question

What is Black Friday and how is it similar to FDR’s “Franksgiving”? Explain.

Answer 1

Answer:

Black Friday is called the day after Thanksgiving Thursday, in which the large commercial stores in the United States make offers and great discounts on their products, with the aim of maximizing their sales and, therefore, their profits .

However, these offers in many cases are misleading, or subject to a limited stock, with which their main objective is to attract consumers to stores, not only to take advantage of the available discounts but also to see the other products in the place.

This day is related to President Roosevelt's Franksgiving, a measure of this president by means of which the Thanksgiving Day was moved a week before its original date, with the objective of maximizing trade. Therefore, given the proximity of this date to Christmas, and in the context of an economic crisis, it was very difficult for American families to incur expenses on both dates so close to each other.