What is Black Friday?

Black Friday is a colloquial name for the Friday that follows every Thanksgiving Day celebrated on November's fourth Thursday in the United States.

Why do they call it Black Friday?

Though Thanksgiving day was declared by Abraham Lincoln, the term Black Friday is traced back to the 1950s Philadelphia Police term for the day after thanksgiving due to the heavy vehicular traffic and chaos of shopping by huge number of people that forces the cops to work all day to maintain order.

However, the word also suits the manner the huge retail profit recorded on that day due to the large crowd of shoppers.  It is recorded in the accounting ledger in black unlike loss which is written in red.

Why is Black Friday so important?

It's historical context of surge in traffic on every Black Friday is still important too because of the huge number of shopping that is still recorded on the day till now. 

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