Where does black friday come from?

If you do not know the meaning of the term, the truth is that the "black Friday" can make us think of something negative. One need only remember the "Black Thursday" of 1929 in which the New York Stock Exchange collapsed, beginning one of capitalism's greatest economic crises, the "Great Depression" of the 1930s. However, the reality is Black Friday is the biggest shopping event of the year, a good time to advance Christmas shopping saving you a little money, or give yourself that whim that you have been delaying for so long. However, what is the origin of Black Friday that we have already assumed as one more celebration in most countries of the world?

The origin of Black Friday

Black Friday is the starting point for Christmas shopping. It is a relatively recent tradition in Spain and in many other corners of the planet that has been imported from the United States, like many other events (Halloween in its modern sense). Basically it consists of a significant drop in prices and although the most attention is paid to electronic and computer products, it is usual for businesses of all kinds to join this celebration. During Black Friday, sales skyrocket, so much so that some businesses make their particular August. But hey, you already knew all these, right? Let's see where that Black Friday comes from.

The Black Friday celebration does not take place on a specific calendar date each year, but is celebrated on the Friday following Thanksgiving. Therefore, in 2018, Black Friday will be on Friday, November 23, just the day after that so familiar and deeply rooted holiday in the United States. In some places you will find that "Black Friday" takes place "the last Friday of the month of November", but it does not seem to be true because in 2018, that last Friday is Friday the 30th, and it is not that day when we will go crazy shopping.

As I told you at the beginning, although today Black Friday is a positive event, of offers and discounts on thousands of products and thousands of shops, the origin of the expression is not related to these opportunities, nor to Christmas shopping. The origin of Black Friday is linked to the first crises of capitalism.

We recommend you Tips not to make a mistake buying on Black Friday

Jay Gould and Jim Fisk, two gentlemen dedicated to banking, finance and investments on Wall Street (New York Stock Exchange, United States), made an effort to obtain great benefits, however, all their efforts did not do much good, and the Friday, September 24, 1869, the market went bankrupt. That is why that day it began to be known as "Black Friday", possessing negative connotations that do not currently exist for the modern event. But this is not the only explanation for Black Friday.

The story that has ended up shaping what we know today as Black Friday is also related to small business. They tell by Trump lands that there was a year in which everything was losses and therefore, red numbers. However, the day after Thanksgiving, profits began to register, and those red numbers turned to black, hence the "black Friday", this time, with a positive connotation much more in line with its current meaning.

And if we continue moving forward in the timeline, it was the prestigious newspaper The New York Times that, on November 19, 1975, spoke for the first time of "black", this time referring to the chaos experienced in New York City the day after Thanksgiving due to powerful discounts offered by many businesses.

As you go, Black Friday has been configured over the years, and has a long history behind it. Of course, always linked to the United States until very recently.