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What two-word term has been used to describe the annual shopping and sports mayhem in Philadelphia and the time when U.S. retailers typically show a profit?

Sagot :

The two-word term used to describe the annual shopping and sports is Black Friday.

From the United States (U.S.) financial history, the two-term word black Friday was first used in 1869.

The first annual black Friday occured in Philadelphia in which alot of retailers attracted their key customers and made profits through the discount they placed on their products.

Black Friday was used to describe the financial crisis after the United States's gold market crashed.

Literally, black should depict something negative or loss but on the contrary, the business world uses black to describe profit.

Therefore, the two-word term used to describe the annual shopping and sports is Black Friday.

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