Monday, October 31, 2011

Halloween Economics

Its almost insane how much money people can make on this holiday. According to this farmer: "what we do in the fall pays our bills for the rest of the year".

http://ww.channelone.com/video/halloween-economics/

Could you argue that Halloween is a recession proof holiday?

2 comments:

  1. I think more and more holidays are becoming over-commercialized and some are being created for the sole purpose of business (i.e. sweetest day, boss's day, etc.)- known as 'Hallmark holidays'. I think our society places a lot of value on traditions, such as Halloween, and that there is an expectation that certain people will be recognized on holidays like sweetest day and boss's day. These cultural traditions and mindsets force us to spend, and spend big, when these 'holidays' come around.

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  2. I don't know if Halloween can be considered a recession "proof" holiday but there is definitely a lot of hype around the fall. There are so many activities associated with these holidays that they become bigger and bigger which is where more and more people can profit. For example Halloween not only is associated with scares but also pumpkins, gourds, apples, leaves, costumes and all. There are even stores that come up solely for the month of October that sell only Halloween related merchandise. It's also interesting to note that people don't really grow out of Halloween as adults and teens can for other holidays. Keeping the traditions alive....

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