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Santa and his reindeer, the carols, the lights, and the massive consumer spending on gifts did not happen immediately upon the birth of Christ.
By the mid-1800s, the holiday had picked up various elements of European religious and pagan traditions but wasn't popular in the United States. Much of the holiday's evolution is attributable to the steel rails in America.
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Thomas Nast gave us our image of Santa, but Henry Bessemer figured out how to make steel rapidly, cheaply, and abundantly. He completely revolutionized some of the greatest of human industries.
His rails connected almost every corner of the United States, making it possible to move products and messages of love across the nation.
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Society's view was propelled by trains full of Christmas trees, Christmas cards, and Christmas gifts.
The Christmas tree came first as big business in the 19th century. Christmas trees were hauled by train from Maine to New York City. Along with the Christmas tree came the Christmas card. The last piece of the holiday was the tradition of giving gifts. A Times article in 1890 declared "an epidemic in giving and receiving presents".
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Every year, many families across the world celebrate Christmas and have a tradition of giving children with special Christmas gifts.
Critics have decried the commercialization of the Christ...
Donating gifts to poor children as Christmas charity started only after gift-giving to the children of one’s own family and friends became a common ritual.
Gifting in general is not according to ‘good behaviour’ and does not have an exclusive link to the Christian faith.
Gift giving for children during Christmas started in New York City in the 1800s when the holiday was ‘reinvented’ as a family bonding time that integrated the various home decoration and shopping rituals.
When the city’s population grew ten times from 1800 to 1850, city planners and the elites feared that the street revelry done by ‘commoners’ would be a problem for them during the holidays, and started to focus the celebrations to be done at homes only.
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But those who routinely examine the way risks propagate across the entir...
Most companies only examine the most direct risks facing a company and tend to neglect secondary risks that can have an even greater impact.
Companies need to learn to evaluate aftereffects that could weaken whole value chains.
All differences in business models can create the potential for competitive risk exposure. This does not mean that a company should imitate its competitors, but that it should consider the risk when they have different strategies.
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Black Friday is the conventional starting day for the holiday shopping season.
Historically, it’s also been the best day to find great deals on the year’s hottest toys, gam...