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The day following Thanksgiving—commonly referred to as Black Friday—has become one of the busiest shopping days of the year in the United States. National chain stores traditionally offer limited money-saving special deals on a wide variety of goods in an effort to lure shoppers into stores while offering similar deals online. It is believed by many that the term Black Friday derives from the concept that businesses operate at a financial loss, or are “in the red,” until the day after Thanksgiving, when massive sales finally allow them to turn a profit, or put them “in the black.” However, this is untrue. A more accurate explanation of the term dates back to the early 1960s, when police officers in Philadelphia began using the phrase “Black Friday” to describe the chaos that resulted when large numbers of suburban tourists came into the city to begin their holiday shopping and, in some years, attend Saturday’s annual Army-Navy football game. The huge crowds created a headache for the police, who worked longer shifts than usual as they dealt with traffic jams, accidents, shoplifting, and other issues. Within a few years, the term Black Friday had taken root in Philadelphia. City merchants attempted to put a prettier face on the day by calling it “Big Friday.” The phrase “Black Friday”, to signify a positive boost in retail sales, didn’t grow nationwide until the late 1980s, when merchants started to spread the red-to-black profit narrative. Black Friday was described as the day stores began to turn a profit for the year and as the biggest shopping day in the United States. In truth, most stores saw their largest sales on the Saturday before Christmas.
In recent years, Black Friday has been joined by other shopping holidays, including Small Business Saturday, which encourages shoppers to visit local retailers, and Cyber Monday, which promotes shopping online. Historically, Black Friday has yet another connotation, one unrelated to shopping. In 1869 Wall Street financiers Jay Gould and Jim Fisk attempted to corner the nation’s gold market at the New York Gold Exchange by buying as much of the precious metal as they could, with the intent of sending prices skyrocketing. On Friday, September 24, intervention by President Ulysses S. Grant caused their plan to fall apart. The stock market instantly plummeted, sending thousands of Americans into bankruptcy.
From the first statement it could be inferred that:
  • a)
    If today is Thanksgiving, then yesterday was Black Friday.
  • b)
    There is no fix connection that can be inferred.
  • c)
    The information in the passage is insufficient to infer that.
  • d)
    If today is Black Friday, then yesterday was Thanksgiving.
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
The day following Thanksgiving—commonly referred to as Black Friday—h...
The passage tells that, the day following Thanksgiving is commonly referred to as Black Friday. That means black Friday ‘follows’ thanksgiving. It comes a day after thanksgiving.
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The day following Thanksgiving—commonly referred to as Black Friday—h...
Understanding the Inference from the Passage
In the context of the passage, the key concept involves the relationship between Thanksgiving and Black Friday. Here’s a detailed breakdown:
1. The Sequence of Events
- Thanksgiving occurs on a specific Thursday in November.
- Black Friday follows immediately on the next day, which is Friday.
2. Logical Implication
- If today is Black Friday, it logically follows that yesterday was Thanksgiving. This is a direct consequence of the established calendar and the definition of these days.
3. Elimination of Other Options
- Option (a) suggests that if today is Thanksgiving, then yesterday was Black Friday. This is incorrect as Thanksgiving precedes Black Friday.
- Option (b) states there is no fixed connection, which overlooks the established relationship between the two days.
- Option (c) claims the information is insufficient to infer that. However, the passage clearly defines the sequence of these holidays.
4. Conclusion
- Therefore, option (d) is the correct answer: "If today is Black Friday, then yesterday was Thanksgiving." This conclusion is based on the temporal relationship defined in the passage.
Understanding these connections helps clarify the dynamics of holiday shopping in the United States and the significance of Black Friday in relation to Thanksgiving.
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The day following Thanksgiving—commonly referred to as Black Friday—has become one of the busiest shopping days of the year in the United States. National chain stores traditionally offer limited money-saving special deals on a wide variety of goods in an effort to lure shoppers into stores while offering similar deals online. It is believed by many that the term Black Friday derives from the concept that businesses operate at a financial loss, or are “in the red,” until the day after Thanksgiving, when massive sales finally allow them to turn a profit, or put them “in the black.” However, this is untrue. A more accurate explanation of the term dates back to the early 1960s, when police officers in Philadelphia began using the phrase “Black Friday” to describe the chaos that resulted when large numbers of suburban tourists came into the city to begin their holiday shopping and, in some years, attend Saturday’s annual Army-Navy football game. The huge crowds created a headache for the police, who worked longer shifts than usual as they dealt with traffic jams, accidents, shoplifting, and other issues. Within a few years, the term Black Friday had taken root in Philadelphia. City merchants attempted to put a prettier face on the day by calling it “Big Friday.” The phrase “Black Friday”, to signify a positive boost in retail sales, didn’t grow nationwide until the late 1980s, when merchants started to spread the red-to-black profit narrative. Black Friday was described as the day stores began to turn a profit for the year and as the biggest shopping day in the United States. In truth, most stores saw their largest sales on the Saturday before Christmas.In recent years, Black Friday has been joined by other shopping holidays, including Small Business Saturday, which encourages shoppers to visit local retailers, and Cyber Monday, which promotes shopping online. Historically, Black Friday has yet another connotation, one unrelated to shopping. In 1869 Wall Street financiers Jay Gould and Jim Fisk attempted to corner the nation’s gold market at the New York Gold Exchange by buying as much of the precious metal as they could, with the intent of sending prices skyrocketing. On Friday, September 24, intervention by President Ulysses S. Grant caused their plan to fall apart. The stock market instantly plummeted, sending thousands of Americans into bankruptcy.Which of the following phrase from the passage, is most apt to represent a poor economic condition?

The day following Thanksgiving—commonly referred to as Black Friday—has become one of the busiest shopping days of the year in the United States. National chain stores traditionally offer limited money-saving special deals on a wide variety of goods in an effort to lure shoppers into stores while offering similar deals online. It is believed by many that the term Black Friday derives from the concept that businesses operate at a financial loss, or are “in the red,” until the day after Thanksgiving, when massive sales finally allow them to turn a profit, or put them “in the black.” However, this is untrue. A more accurate explanation of the term dates back to the early 1960s, when police officers in Philadelphia began using the phrase “Black Friday” to describe the chaos that resulted when large numbers of suburban tourists came into the city to begin their holiday shopping and, in some years, attend Saturday’s annual Army-Navy football game. The huge crowds created a headache for the police, who worked longer shifts than usual as they dealt with traffic jams, accidents, shoplifting, and other issues. Within a few years, the term Black Friday had taken root in Philadelphia. City merchants attempted to put a prettier face on the day by calling it “Big Friday.” The phrase “Black Friday”, to signify a positive boost in retail sales, didn’t grow nationwide until the late 1980s, when merchants started to spread the red-to-black profit narrative. Black Friday was described as the day stores began to turn a profit for the year and as the biggest shopping day in the United States. In truth, most stores saw their largest sales on the Saturday before Christmas.In recent years, Black Friday has been joined by other shopping holidays, including Small Business Saturday, which encourages shoppers to visit local retailers, and Cyber Monday, which promotes shopping online. Historically, Black Friday has yet another connotation, one unrelated to shopping. In 1869 Wall Street financiers Jay Gould and Jim Fisk attempted to corner the nation’s gold market at the New York Gold Exchange by buying as much of the precious metal as they could, with the intent of sending prices skyrocketing. On Friday, September 24, intervention by President Ulysses S. Grant caused their plan to fall apart. The stock market instantly plummeted, sending thousands of Americans into bankruptcy.The statement that Black Friday is the biggest shopping day in the United States, is

The day following Thanksgiving—commonly referred to as Black Friday—has become one of the busiest shopping days of the year in the United States. National chain stores traditionally offer limited money-saving special deals on a wide variety of goods in an effort to lure shoppers into stores while offering similar deals online. It is believed by many that the term Black Friday derives from the concept that businesses operate at a financial loss, or are “in the red,” until the day after Thanksgiving, when massive sales finally allow them to turn a profit, or put them “in the black.” However, this is untrue. A more accurate explanation of the term dates back to the early 1960s, when police officers in Philadelphia began using the phrase “Black Friday” to describe the chaos that resulted when large numbers of suburban tourists came into the city to begin their holiday shopping and, in some years, attend Saturday’s annual Army-Navy football game. The huge crowds created a headache for the police, who worked longer shifts than usual as they dealt with traffic jams, accidents, shoplifting, and other issues. Within a few years, the term Black Friday had taken root in Philadelphia. City merchants attempted to put a prettier face on the day by calling it “Big Friday.” The phrase “Black Friday”, to signify a positive boost in retail sales, didn’t grow nationwide until the late 1980s, when merchants started to spread the red-to-black profit narrative. Black Friday was described as the day stores began to turn a profit for the year and as the biggest shopping day in the United States. In truth, most stores saw their largest sales on the Saturday before Christmas.In recent years, Black Friday has been joined by other shopping holidays, including Small Business Saturday, which encourages shoppers to visit local retailers, and Cyber Monday, which promotes shopping online. Historically, Black Friday has yet another connotation, one unrelated to shopping. In 1869 Wall Street financiers Jay Gould and Jim Fisk attempted to corner the nation’s gold market at the New York Gold Exchange by buying as much of the precious metal as they could, with the intent of sending prices skyrocketing. On Friday, September 24, intervention by President Ulysses S. Grant caused their plan to fall apart. The stock market instantly plummeted, sending thousands of Americans into bankruptcy.Which of the following is true for the Black Friday?

The day following Thanksgiving—commonly referred to as Black Friday—has become one of the busiest shopping days of the year in the United States. National chain stores traditionally offer limited money-saving special deals on a wide variety of goods in an effort to lure shoppers into stores while offering similar deals online. It is believed by many that the term Black Friday derives from the concept that businesses operate at a financial loss, or are “in the red,” until the day after Thanksgiving, when massive sales finally allow them to turn a profit, or put them “in the black.” However, this is untrue. A more accurate explanation of the term dates back to the early 1960s, when police officers in Philadelphia began using the phrase “Black Friday” to describe the chaos that resulted when large numbers of suburban tourists came into the city to begin their holiday shopping and, in some years, attend Saturday’s annual Army-Navy football game. The huge crowds created a headache for the police, who worked longer shifts than usual as they dealt with traffic jams, accidents, shoplifting, and other issues. Within a few years, the term Black Friday had taken root in Philadelphia. City merchants attempted to put a prettier face on the day by calling it “Big Friday.” The phrase “Black Friday”, to signify a positive boost in retail sales, didn’t grow nationwide until the late 1980s, when merchants started to spread the red-to-black profit narrative. Black Friday was described as the day stores began to turn a profit for the year and as the biggest shopping day in the United States. In truth, most stores saw their largest sales on the Saturday before Christmas.In recent years, Black Friday has been joined by other shopping holidays, including Small Business Saturday, which encourages shoppers to visit local retailers, and Cyber Monday, which promotes shopping online. Historically, Black Friday has yet another connotation, one unrelated to shopping. In 1869 Wall Street financiers Jay Gould and Jim Fisk attempted to corner the nation’s gold market at the New York Gold Exchange by buying as much of the precious metal as they could, with the intent of sending prices skyrocketing. On Friday, September 24, intervention by President Ulysses S. Grant caused their plan to fall apart. The stock market instantly plummeted, sending thousands of Americans into bankruptcy.Which of the following word, would a police officers in Philadelphia not use, in order to describe the scene at Black Friday?

Passage: Over the past decade, there has been a significant shift in the global economic landscape. Economists and policymakers are grappling with the fallout of a post-industrial economy, where traditional manufacturing jobs have dwindled due to a combination of outsourcing, automation, and evolving economic policies. This change has left a vast section of the population, once reliant on these sectors, struggling to find stability in the new economic order.Simultaneously, the rise of the digital economy has created unparalleled opportunities for a different segment of the workforce. These opportunities, however, require a skill set that is markedly diverse from what was necessary in the past. The rapid pace of technological advancement means that professional success in the current context often depends on ones ability to adapt and learn continuously.This economic polarization has led to societal repercussions, contributing to widening income inequality. Researchers have observed this phenomenon in multiple countries, noting that the middle class, once the backbone of the economy, is shrinking. The wealthy continue to amass significant capital, particularly those strategically positioned to benefit from digital advancements, while the lower-income segments face stagnation.The governments role in addressing these shifts remains a topic of intense debate. Some argue for more significant intervention, including re-education programs, subsidies for industries negatively impacted by the changes, and more progressive taxation to redistribute wealth more equitably. Critics of this approach, however, caution against excessive government involvement, pointing to potential dampening effects on innovation and economic freedom.Amid these debates, one emerging consensus is the need for a robust support system to facilitate lifelong learning and skill acquisition. This approach is not without challenges, as it necessitates a fundamental rethinking of societal structures, including education and social safety nets. The goal would be to empower individuals to navigate these economic shifts proactively, rather than being passively subjected to the whims of global market forces.Q. Based on the passage above, which of the following summaries is most accurate?

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The day following Thanksgiving—commonly referred to as Black Friday—has become one of the busiest shopping days of the year in the United States. National chain stores traditionally offer limited money-saving special deals on a wide variety of goods in an effort to lure shoppers into stores while offering similar deals online. It is believed by many that the term Black Friday derives from the concept that businesses operate at a financial loss, or are “in the red,” until the day after Thanksgiving, when massive sales finally allow them to turn a profit, or put them “in the black.” However, this is untrue. A more accurate explanation of the term dates back to the early 1960s, when police officers in Philadelphia began using the phrase “Black Friday” to describe the chaos that resulted when large numbers of suburban tourists came into the city to begin their holiday shopping and, in some years, attend Saturday’s annual Army-Navy football game. The huge crowds created a headache for the police, who worked longer shifts than usual as they dealt with traffic jams, accidents, shoplifting, and other issues. Within a few years, the term Black Friday had taken root in Philadelphia. City merchants attempted to put a prettier face on the day by calling it “Big Friday.” The phrase “Black Friday”, to signify a positive boost in retail sales, didn’t grow nationwide until the late 1980s, when merchants started to spread the red-to-black profit narrative. Black Friday was described as the day stores began to turn a profit for the year and as the biggest shopping day in the United States. In truth, most stores saw their largest sales on the Saturday before Christmas.In recent years, Black Friday has been joined by other shopping holidays, including Small Business Saturday, which encourages shoppers to visit local retailers, and Cyber Monday, which promotes shopping online. Historically, Black Friday has yet another connotation, one unrelated to shopping. In 1869 Wall Street financiers Jay Gould and Jim Fisk attempted to corner the nation’s gold market at the New York Gold Exchange by buying as much of the precious metal as they could, with the intent of sending prices skyrocketing. On Friday, September 24, intervention by President Ulysses S. Grant caused their plan to fall apart. The stock market instantly plummeted, sending thousands of Americans into bankruptcy.From the first statement it could be inferred that:a)If today is Thanksgiving, then yesterday was Black Friday.b)There is no fix connection that can be inferred.c)The information in the passage is insufficient to infer that.d)If today is Black Friday, then yesterday was Thanksgiving.Correct answer is option 'D'. Can you explain this answer?
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The day following Thanksgiving—commonly referred to as Black Friday—has become one of the busiest shopping days of the year in the United States. National chain stores traditionally offer limited money-saving special deals on a wide variety of goods in an effort to lure shoppers into stores while offering similar deals online. It is believed by many that the term Black Friday derives from the concept that businesses operate at a financial loss, or are “in the red,” until the day after Thanksgiving, when massive sales finally allow them to turn a profit, or put them “in the black.” However, this is untrue. A more accurate explanation of the term dates back to the early 1960s, when police officers in Philadelphia began using the phrase “Black Friday” to describe the chaos that resulted when large numbers of suburban tourists came into the city to begin their holiday shopping and, in some years, attend Saturday’s annual Army-Navy football game. The huge crowds created a headache for the police, who worked longer shifts than usual as they dealt with traffic jams, accidents, shoplifting, and other issues. Within a few years, the term Black Friday had taken root in Philadelphia. City merchants attempted to put a prettier face on the day by calling it “Big Friday.” The phrase “Black Friday”, to signify a positive boost in retail sales, didn’t grow nationwide until the late 1980s, when merchants started to spread the red-to-black profit narrative. Black Friday was described as the day stores began to turn a profit for the year and as the biggest shopping day in the United States. In truth, most stores saw their largest sales on the Saturday before Christmas.In recent years, Black Friday has been joined by other shopping holidays, including Small Business Saturday, which encourages shoppers to visit local retailers, and Cyber Monday, which promotes shopping online. Historically, Black Friday has yet another connotation, one unrelated to shopping. In 1869 Wall Street financiers Jay Gould and Jim Fisk attempted to corner the nation’s gold market at the New York Gold Exchange by buying as much of the precious metal as they could, with the intent of sending prices skyrocketing. On Friday, September 24, intervention by President Ulysses S. Grant caused their plan to fall apart. The stock market instantly plummeted, sending thousands of Americans into bankruptcy.From the first statement it could be inferred that:a)If today is Thanksgiving, then yesterday was Black Friday.b)There is no fix connection that can be inferred.c)The information in the passage is insufficient to infer that.d)If today is Black Friday, then yesterday was Thanksgiving.Correct answer is option 'D'. Can you explain this answer? for CLAT 2024 is part of CLAT preparation. The Question and answers have been prepared according to the CLAT exam syllabus. Information about The day following Thanksgiving—commonly referred to as Black Friday—has become one of the busiest shopping days of the year in the United States. National chain stores traditionally offer limited money-saving special deals on a wide variety of goods in an effort to lure shoppers into stores while offering similar deals online. It is believed by many that the term Black Friday derives from the concept that businesses operate at a financial loss, or are “in the red,” until the day after Thanksgiving, when massive sales finally allow them to turn a profit, or put them “in the black.” However, this is untrue. A more accurate explanation of the term dates back to the early 1960s, when police officers in Philadelphia began using the phrase “Black Friday” to describe the chaos that resulted when large numbers of suburban tourists came into the city to begin their holiday shopping and, in some years, attend Saturday’s annual Army-Navy football game. The huge crowds created a headache for the police, who worked longer shifts than usual as they dealt with traffic jams, accidents, shoplifting, and other issues. Within a few years, the term Black Friday had taken root in Philadelphia. City merchants attempted to put a prettier face on the day by calling it “Big Friday.” The phrase “Black Friday”, to signify a positive boost in retail sales, didn’t grow nationwide until the late 1980s, when merchants started to spread the red-to-black profit narrative. Black Friday was described as the day stores began to turn a profit for the year and as the biggest shopping day in the United States. In truth, most stores saw their largest sales on the Saturday before Christmas.In recent years, Black Friday has been joined by other shopping holidays, including Small Business Saturday, which encourages shoppers to visit local retailers, and Cyber Monday, which promotes shopping online. Historically, Black Friday has yet another connotation, one unrelated to shopping. In 1869 Wall Street financiers Jay Gould and Jim Fisk attempted to corner the nation’s gold market at the New York Gold Exchange by buying as much of the precious metal as they could, with the intent of sending prices skyrocketing. On Friday, September 24, intervention by President Ulysses S. Grant caused their plan to fall apart. The stock market instantly plummeted, sending thousands of Americans into bankruptcy.From the first statement it could be inferred that:a)If today is Thanksgiving, then yesterday was Black Friday.b)There is no fix connection that can be inferred.c)The information in the passage is insufficient to infer that.d)If today is Black Friday, then yesterday was Thanksgiving.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for CLAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The day following Thanksgiving—commonly referred to as Black Friday—has become one of the busiest shopping days of the year in the United States. National chain stores traditionally offer limited money-saving special deals on a wide variety of goods in an effort to lure shoppers into stores while offering similar deals online. It is believed by many that the term Black Friday derives from the concept that businesses operate at a financial loss, or are “in the red,” until the day after Thanksgiving, when massive sales finally allow them to turn a profit, or put them “in the black.” However, this is untrue. A more accurate explanation of the term dates back to the early 1960s, when police officers in Philadelphia began using the phrase “Black Friday” to describe the chaos that resulted when large numbers of suburban tourists came into the city to begin their holiday shopping and, in some years, attend Saturday’s annual Army-Navy football game. The huge crowds created a headache for the police, who worked longer shifts than usual as they dealt with traffic jams, accidents, shoplifting, and other issues. Within a few years, the term Black Friday had taken root in Philadelphia. City merchants attempted to put a prettier face on the day by calling it “Big Friday.” The phrase “Black Friday”, to signify a positive boost in retail sales, didn’t grow nationwide until the late 1980s, when merchants started to spread the red-to-black profit narrative. Black Friday was described as the day stores began to turn a profit for the year and as the biggest shopping day in the United States. In truth, most stores saw their largest sales on the Saturday before Christmas.In recent years, Black Friday has been joined by other shopping holidays, including Small Business Saturday, which encourages shoppers to visit local retailers, and Cyber Monday, which promotes shopping online. Historically, Black Friday has yet another connotation, one unrelated to shopping. In 1869 Wall Street financiers Jay Gould and Jim Fisk attempted to corner the nation’s gold market at the New York Gold Exchange by buying as much of the precious metal as they could, with the intent of sending prices skyrocketing. On Friday, September 24, intervention by President Ulysses S. Grant caused their plan to fall apart. The stock market instantly plummeted, sending thousands of Americans into bankruptcy.From the first statement it could be inferred that:a)If today is Thanksgiving, then yesterday was Black Friday.b)There is no fix connection that can be inferred.c)The information in the passage is insufficient to infer that.d)If today is Black Friday, then yesterday was Thanksgiving.Correct answer is option 'D'. Can you explain this answer?.
Solutions for The day following Thanksgiving—commonly referred to as Black Friday—has become one of the busiest shopping days of the year in the United States. National chain stores traditionally offer limited money-saving special deals on a wide variety of goods in an effort to lure shoppers into stores while offering similar deals online. It is believed by many that the term Black Friday derives from the concept that businesses operate at a financial loss, or are “in the red,” until the day after Thanksgiving, when massive sales finally allow them to turn a profit, or put them “in the black.” However, this is untrue. A more accurate explanation of the term dates back to the early 1960s, when police officers in Philadelphia began using the phrase “Black Friday” to describe the chaos that resulted when large numbers of suburban tourists came into the city to begin their holiday shopping and, in some years, attend Saturday’s annual Army-Navy football game. The huge crowds created a headache for the police, who worked longer shifts than usual as they dealt with traffic jams, accidents, shoplifting, and other issues. Within a few years, the term Black Friday had taken root in Philadelphia. City merchants attempted to put a prettier face on the day by calling it “Big Friday.” The phrase “Black Friday”, to signify a positive boost in retail sales, didn’t grow nationwide until the late 1980s, when merchants started to spread the red-to-black profit narrative. Black Friday was described as the day stores began to turn a profit for the year and as the biggest shopping day in the United States. In truth, most stores saw their largest sales on the Saturday before Christmas.In recent years, Black Friday has been joined by other shopping holidays, including Small Business Saturday, which encourages shoppers to visit local retailers, and Cyber Monday, which promotes shopping online. Historically, Black Friday has yet another connotation, one unrelated to shopping. In 1869 Wall Street financiers Jay Gould and Jim Fisk attempted to corner the nation’s gold market at the New York Gold Exchange by buying as much of the precious metal as they could, with the intent of sending prices skyrocketing. On Friday, September 24, intervention by President Ulysses S. Grant caused their plan to fall apart. The stock market instantly plummeted, sending thousands of Americans into bankruptcy.From the first statement it could be inferred that:a)If today is Thanksgiving, then yesterday was Black Friday.b)There is no fix connection that can be inferred.c)The information in the passage is insufficient to infer that.d)If today is Black Friday, then yesterday was Thanksgiving.Correct answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for CLAT. Download more important topics, notes, lectures and mock test series for CLAT Exam by signing up for free.
Here you can find the meaning of The day following Thanksgiving—commonly referred to as Black Friday—has become one of the busiest shopping days of the year in the United States. National chain stores traditionally offer limited money-saving special deals on a wide variety of goods in an effort to lure shoppers into stores while offering similar deals online. It is believed by many that the term Black Friday derives from the concept that businesses operate at a financial loss, or are “in the red,” until the day after Thanksgiving, when massive sales finally allow them to turn a profit, or put them “in the black.” However, this is untrue. A more accurate explanation of the term dates back to the early 1960s, when police officers in Philadelphia began using the phrase “Black Friday” to describe the chaos that resulted when large numbers of suburban tourists came into the city to begin their holiday shopping and, in some years, attend Saturday’s annual Army-Navy football game. The huge crowds created a headache for the police, who worked longer shifts than usual as they dealt with traffic jams, accidents, shoplifting, and other issues. Within a few years, the term Black Friday had taken root in Philadelphia. City merchants attempted to put a prettier face on the day by calling it “Big Friday.” The phrase “Black Friday”, to signify a positive boost in retail sales, didn’t grow nationwide until the late 1980s, when merchants started to spread the red-to-black profit narrative. Black Friday was described as the day stores began to turn a profit for the year and as the biggest shopping day in the United States. In truth, most stores saw their largest sales on the Saturday before Christmas.In recent years, Black Friday has been joined by other shopping holidays, including Small Business Saturday, which encourages shoppers to visit local retailers, and Cyber Monday, which promotes shopping online. Historically, Black Friday has yet another connotation, one unrelated to shopping. In 1869 Wall Street financiers Jay Gould and Jim Fisk attempted to corner the nation’s gold market at the New York Gold Exchange by buying as much of the precious metal as they could, with the intent of sending prices skyrocketing. On Friday, September 24, intervention by President Ulysses S. Grant caused their plan to fall apart. The stock market instantly plummeted, sending thousands of Americans into bankruptcy.From the first statement it could be inferred that:a)If today is Thanksgiving, then yesterday was Black Friday.b)There is no fix connection that can be inferred.c)The information in the passage is insufficient to infer that.d)If today is Black Friday, then yesterday was Thanksgiving.Correct answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of The day following Thanksgiving—commonly referred to as Black Friday—has become one of the busiest shopping days of the year in the United States. National chain stores traditionally offer limited money-saving special deals on a wide variety of goods in an effort to lure shoppers into stores while offering similar deals online. It is believed by many that the term Black Friday derives from the concept that businesses operate at a financial loss, or are “in the red,” until the day after Thanksgiving, when massive sales finally allow them to turn a profit, or put them “in the black.” However, this is untrue. A more accurate explanation of the term dates back to the early 1960s, when police officers in Philadelphia began using the phrase “Black Friday” to describe the chaos that resulted when large numbers of suburban tourists came into the city to begin their holiday shopping and, in some years, attend Saturday’s annual Army-Navy football game. The huge crowds created a headache for the police, who worked longer shifts than usual as they dealt with traffic jams, accidents, shoplifting, and other issues. Within a few years, the term Black Friday had taken root in Philadelphia. City merchants attempted to put a prettier face on the day by calling it “Big Friday.” The phrase “Black Friday”, to signify a positive boost in retail sales, didn’t grow nationwide until the late 1980s, when merchants started to spread the red-to-black profit narrative. Black Friday was described as the day stores began to turn a profit for the year and as the biggest shopping day in the United States. In truth, most stores saw their largest sales on the Saturday before Christmas.In recent years, Black Friday has been joined by other shopping holidays, including Small Business Saturday, which encourages shoppers to visit local retailers, and Cyber Monday, which promotes shopping online. Historically, Black Friday has yet another connotation, one unrelated to shopping. In 1869 Wall Street financiers Jay Gould and Jim Fisk attempted to corner the nation’s gold market at the New York Gold Exchange by buying as much of the precious metal as they could, with the intent of sending prices skyrocketing. On Friday, September 24, intervention by President Ulysses S. Grant caused their plan to fall apart. The stock market instantly plummeted, sending thousands of Americans into bankruptcy.From the first statement it could be inferred that:a)If today is Thanksgiving, then yesterday was Black Friday.b)There is no fix connection that can be inferred.c)The information in the passage is insufficient to infer that.d)If today is Black Friday, then yesterday was Thanksgiving.Correct answer is option 'D'. Can you explain this answer?, a detailed solution for The day following Thanksgiving—commonly referred to as Black Friday—has become one of the busiest shopping days of the year in the United States. National chain stores traditionally offer limited money-saving special deals on a wide variety of goods in an effort to lure shoppers into stores while offering similar deals online. It is believed by many that the term Black Friday derives from the concept that businesses operate at a financial loss, or are “in the red,” until the day after Thanksgiving, when massive sales finally allow them to turn a profit, or put them “in the black.” However, this is untrue. A more accurate explanation of the term dates back to the early 1960s, when police officers in Philadelphia began using the phrase “Black Friday” to describe the chaos that resulted when large numbers of suburban tourists came into the city to begin their holiday shopping and, in some years, attend Saturday’s annual Army-Navy football game. The huge crowds created a headache for the police, who worked longer shifts than usual as they dealt with traffic jams, accidents, shoplifting, and other issues. Within a few years, the term Black Friday had taken root in Philadelphia. City merchants attempted to put a prettier face on the day by calling it “Big Friday.” The phrase “Black Friday”, to signify a positive boost in retail sales, didn’t grow nationwide until the late 1980s, when merchants started to spread the red-to-black profit narrative. Black Friday was described as the day stores began to turn a profit for the year and as the biggest shopping day in the United States. In truth, most stores saw their largest sales on the Saturday before Christmas.In recent years, Black Friday has been joined by other shopping holidays, including Small Business Saturday, which encourages shoppers to visit local retailers, and Cyber Monday, which promotes shopping online. Historically, Black Friday has yet another connotation, one unrelated to shopping. In 1869 Wall Street financiers Jay Gould and Jim Fisk attempted to corner the nation’s gold market at the New York Gold Exchange by buying as much of the precious metal as they could, with the intent of sending prices skyrocketing. On Friday, September 24, intervention by President Ulysses S. Grant caused their plan to fall apart. The stock market instantly plummeted, sending thousands of Americans into bankruptcy.From the first statement it could be inferred that:a)If today is Thanksgiving, then yesterday was Black Friday.b)There is no fix connection that can be inferred.c)The information in the passage is insufficient to infer that.d)If today is Black Friday, then yesterday was Thanksgiving.Correct answer is option 'D'. Can you explain this answer? has been provided alongside types of The day following Thanksgiving—commonly referred to as Black Friday—has become one of the busiest shopping days of the year in the United States. National chain stores traditionally offer limited money-saving special deals on a wide variety of goods in an effort to lure shoppers into stores while offering similar deals online. It is believed by many that the term Black Friday derives from the concept that businesses operate at a financial loss, or are “in the red,” until the day after Thanksgiving, when massive sales finally allow them to turn a profit, or put them “in the black.” However, this is untrue. A more accurate explanation of the term dates back to the early 1960s, when police officers in Philadelphia began using the phrase “Black Friday” to describe the chaos that resulted when large numbers of suburban tourists came into the city to begin their holiday shopping and, in some years, attend Saturday’s annual Army-Navy football game. The huge crowds created a headache for the police, who worked longer shifts than usual as they dealt with traffic jams, accidents, shoplifting, and other issues. Within a few years, the term Black Friday had taken root in Philadelphia. City merchants attempted to put a prettier face on the day by calling it “Big Friday.” The phrase “Black Friday”, to signify a positive boost in retail sales, didn’t grow nationwide until the late 1980s, when merchants started to spread the red-to-black profit narrative. Black Friday was described as the day stores began to turn a profit for the year and as the biggest shopping day in the United States. In truth, most stores saw their largest sales on the Saturday before Christmas.In recent years, Black Friday has been joined by other shopping holidays, including Small Business Saturday, which encourages shoppers to visit local retailers, and Cyber Monday, which promotes shopping online. Historically, Black Friday has yet another connotation, one unrelated to shopping. In 1869 Wall Street financiers Jay Gould and Jim Fisk attempted to corner the nation’s gold market at the New York Gold Exchange by buying as much of the precious metal as they could, with the intent of sending prices skyrocketing. On Friday, September 24, intervention by President Ulysses S. Grant caused their plan to fall apart. The stock market instantly plummeted, sending thousands of Americans into bankruptcy.From the first statement it could be inferred that:a)If today is Thanksgiving, then yesterday was Black Friday.b)There is no fix connection that can be inferred.c)The information in the passage is insufficient to infer that.d)If today is Black Friday, then yesterday was Thanksgiving.Correct answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice The day following Thanksgiving—commonly referred to as Black Friday—has become one of the busiest shopping days of the year in the United States. National chain stores traditionally offer limited money-saving special deals on a wide variety of goods in an effort to lure shoppers into stores while offering similar deals online. It is believed by many that the term Black Friday derives from the concept that businesses operate at a financial loss, or are “in the red,” until the day after Thanksgiving, when massive sales finally allow them to turn a profit, or put them “in the black.” However, this is untrue. A more accurate explanation of the term dates back to the early 1960s, when police officers in Philadelphia began using the phrase “Black Friday” to describe the chaos that resulted when large numbers of suburban tourists came into the city to begin their holiday shopping and, in some years, attend Saturday’s annual Army-Navy football game. The huge crowds created a headache for the police, who worked longer shifts than usual as they dealt with traffic jams, accidents, shoplifting, and other issues. Within a few years, the term Black Friday had taken root in Philadelphia. City merchants attempted to put a prettier face on the day by calling it “Big Friday.” The phrase “Black Friday”, to signify a positive boost in retail sales, didn’t grow nationwide until the late 1980s, when merchants started to spread the red-to-black profit narrative. Black Friday was described as the day stores began to turn a profit for the year and as the biggest shopping day in the United States. In truth, most stores saw their largest sales on the Saturday before Christmas.In recent years, Black Friday has been joined by other shopping holidays, including Small Business Saturday, which encourages shoppers to visit local retailers, and Cyber Monday, which promotes shopping online. Historically, Black Friday has yet another connotation, one unrelated to shopping. In 1869 Wall Street financiers Jay Gould and Jim Fisk attempted to corner the nation’s gold market at the New York Gold Exchange by buying as much of the precious metal as they could, with the intent of sending prices skyrocketing. On Friday, September 24, intervention by President Ulysses S. Grant caused their plan to fall apart. The stock market instantly plummeted, sending thousands of Americans into bankruptcy.From the first statement it could be inferred that:a)If today is Thanksgiving, then yesterday was Black Friday.b)There is no fix connection that can be inferred.c)The information in the passage is insufficient to infer that.d)If today is Black Friday, then yesterday was Thanksgiving.Correct answer is option 'D'. Can you explain this answer? tests, examples and also practice CLAT tests.
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