This week is Black Friday week, and we?ll watch a video relating the date to the economy.

ORIGINAL VIDEO

TRUE OR FALSE:  

1) Black Friday is known for closing the holiday shopping season.

2) The weekend can be critical to retailer?s annual performance.

3) Last year for Black Friday, consumers spent $6.2 billion dollars just online.

4) The retail sector is not one of the most important economic indicators.

5) Consumer spending contributes $2.6 trillion dollars to annual GDP.

MATCH:  

1) How does Black Friday 

2) So, Black Friday is known 

3) Investors also see it as a good indicator 

4) Last Thanksgiving weekend, 165 million Americans 

5) So, consumer spending 

a) for kicking off the holiday shopping season

b) of the health of the retail industry.

c) drives a lot of the economy.

d) impact the economy?

e) went shopping in stores and online.

Hi, everyone.

My name is Betty Liu and this is ?Your Money In 60 Seconds?.

All right, first question: How does Black Friday impact the economy?

So, Black Friday is known for kicking off the holiday shopping season.

and the weekend can be critical to retailer?s annual performance.

Investors also see it as a good indicator of the health of the retail industry.

Last Thanksgiving weekend, 165 million Americans went shopping in stores and online.

Online alone for Black Friday, they spent $6.2 billion.

Second question: What is the role of the retail sector in the economy?

So, consumer spending drives a lot of the economy.

And in fact, economists say it is one of the most important economic indicators.

The National Retail Federation says that it contributes $2.6 trillion to annual GDP.

That?s your Money In 60 Seconds.

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PORTUGUESE TRANSLATION

Olá a todos.

Meu nome é Betty Liu

e este é o ?Seu Dinheiro em 60 Segundos?.

Tudo bem, primeira pergunta: como a Black Friday afeta a economia?

Então, a Black Friday é conhecida por começar

a temporada de compras natalinas

e o fim de semana pode ser crítico

para o desempenho anual do varejista.

Os investidores também vêem isso como um bom indicador

da saúde do setor de varejo.

No Último fim de semana de Ação de Graças,

165 milhões de americanos

foram às compras nas lojas e online.

Apenas online na Black Friday,

eles gastaram US $ 6,2 bilhões de dólares.

Segunda pergunta: qual é o papel do setor de varejo na economia?

Então, os gastos do consumidor impulsionam grande parte da economia.

E, de fato, os economistas dizem que é um dos indicadores econômicos mais

importantes.

A Federação Nacional do Varejo diz que ele contribui

US $ 2,6 trilhões para o PIB anual.

Esse é o seu dinheiro em 60 segundos.

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FILL IN THE GAPS:

So, Black Friday is known for kicking 1.___ the holiday shopping season and the weekend can be critical to retailer?s 2.___ performance.

Investors also see it as a good indicator of the 3.___ of the retail industry.

Last Thanksgiving weekend, 165 million Americans 4.___ shopping in stores and online.

Online alone for Black Friday, they spent $6.2 billion.

Second question: What is the role of the 5.___ sector in the economy?

So, consumer spending 6.___ a lot of the economy.

And 7.___ fact, economists say it is one of the 8.___ important economic indicators.

The National Retail Federation says that it 9.___ $2.6 trillion to annual GDP.

That?s your 10.___ In 60 Seconds.

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ANSWERS:

TRUE OR FALSE: 1.F 2.T 3.T 4.F 5.T

MATCH: 1.d 2.a 3.b 4.e 5.c

FILL IN THE GAPS:

1.off 

2.annual 

3.health 

4.went 

5.retail 

6.drives 

7.in

8.most 

9.contributes 

10.Money 

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See you next class :)