00:00 Black Friday is a divisive and uniquely American experience that occurs on the day after Thanksgiving, where some people enjoy going to stores for sales while others would rather do anything else.

04:48 Black Friday is the busiest shopping day of the year and originated from the tradition of starting Christmas shopping the day after Thanksgiving, with the term "Black Friday" originally being coined by factory owners and later by Philadelphia police to discourage people from going downtown.

09:01 In 2013, the National Retail Federation predicted that Americans would spend $602 billion in November and December, making it a very valuable time for businesses.

13:25 Black Friday became a huge success in the early 2000s, leading retailers to create Cyber Monday and Small Business Saturday, and now stores are starting to open on Thanksgiving evening to extend the shopping season even further.

18:12 Black Friday may not be financially sustainable for retailers, but it is still a tradition and has a certain element of sport to it that keeps it alive.

22:45 Black Friday is a bait and switch scam where retailers offer a limited number of heavily discounted items to lure customers into the store, but then hope they will buy regular priced or slightly discounted items instead.

27:09 During a Black Friday sale at Walmart, a pregnant woman named Leanna Lockley was crushed against the doors, and when the doors finally opened, they were literally busted by the wave of people, resulting in the death of an employee named Jim Tay Demore.

31:30 Black Friday sales often result in dangerous and violent situations, such as crowd crushes, fist fights, and even shootings, yet there are no laws outlawing these sales.

35:40 While there is a risk of violence during Black Friday sales, the majority of incidents are isolated and not every door buster sale results in trampling or other dangerous situations.

39:56 In China, they have a shopping holiday called Singles Day where people are encouraged to buy things for themselves, and this year they spent $5.7 billion in the first six minutes of the day.