In my opinion, the effects of the "Black Friday" on economy may be positive for the society that created it.
Since they being having black fridays for a very long time, it's evident both retailers as giant stores are getting some profit.
Now, about the effects of "Black Friday" in others countries economies, I think time will tell neither is profitable or not.
Some shops in the UK are no longer participating in "Black Friday" sales.
This day affects not only the economy, but the cities and the people.
On Black Friday you will find a mess of traffic jams, long lines and ravaged stores.
It seems to be a stressful day for most shoppers.
Every year, it's looking better to just stay at home, and shop online.
Going back to the economic view, perhaps we should remember why is called Black Friday.
“Black” refers to stores moving from the “red” to the “black,” back when accounting records were kept by hand, and red ink indicated a loss, and black a profit.
Historically, the Friday after Thanksgiving has been known as the unofficial start to holiday shopping season.
And it has been a very positive day for stores's economy.
December 2015
Vota ara! 