The History of Black Friday

Origins to Do With Money For The Wrong Reasons

The word “Black” as it pertains to economics historically was always a bad one. Besides the last usage in Black Tuesday in 1929 marked the beginning of the Great Depression. Black Monday in the 1986 marked one of the steepest falls the Dow Jones Industrial Average has ever taken at a 22% decline.

Origins to Do With Money For The Wrong Reasons

It’s possible that one has to do with the other, and that marketers want to use what was once a terrible reminder of financial struggle into prosperity and success. Or it could just be a coincidence, who knows the truth?