English B1 Plus How Did Black Friday Get Its Name
Complete the blanks in the text with the following words: stores accounts retailers invention profit investors Black Friday is an American 1) but its a day that shoppers worldwide look forward to. The name however originates from a financial crisis not a shopping day. It was on a Friday in 1869 that the stock market crashed and a lot of unlucky 2) went bankrupt that day. But another story links Black Friday to 3) . Accounts were kept using black and red ink. If shops were losing money all year, 4) were written in red ink. However, people would start spending more money at the beginning of the festive period and retailers recorded the 5) in black ink. The real story though lies with the Philadelphia Police who in the 1950s had to deal with the shoppers who flooded the city 6) on the Friday before the Saturday of the ArmyNavy football game. It was the Saturday after Thanksgiving but for the police it was truly a black Friday
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