Wednesday, February 15, 2012

Valentine's Day: Good or Bad?

Have you ever just stopped and thought about how much money is spent on holidays? Days like Valentine's Day, where it seems like tradition to buy your loved one candy or flowers. Valentine's Day is one of the most expensive days of the year, especially this year as said in this article. Valentine's Day is the day where you show your loved one how much they really mean to you by buying them cheap candy and flowers. This holiday should be more than just buying gifts. In this article, it shows how much money is spent on candy, balloons, and flowers. The only good thing about Valentine's Day is that more people become employed towards this time of year because of the demand for flowers and candy. This Valentine's Day has been the most expensive Valentine's Day is the past decade. This is good for the income of these businesses like the florists who deliver flowers and the restaurants that house the dates. Valentine's Day can seem like it's a pointless holiday because all people do is buy candy and flowers, but really this is helping the economy not only buy bringing in money, but also causing employment to rise.

4 comments:

Daniella said...

I am one of those people that do not understand the real relevance to Valentine's Day. The candy and expression of love is real nice but there is no other substance behind the holiday, like Christmas or Easter. The news that this has been the most expensive Valentine's Day in the past decade, given our economic stand point at this time. I wonder what economist predict about this year knowing that people have spent more money this Valentine's Day

Aditya said...

Whether there is worthwhile substance behind Valentine's Day or not, the day is very popular. Valentine's Day is a special day to show your loved one how much you really love them. The sudden want to buy your loved one things skyrockets for that one day. Things like chocolate and flowers rise in popularity, therefore resulting in mass profits, and moving the demand line.

Peyton Moore said...
This comment has been removed by the author.
Peyton Moore said...

Daniella, you are quite wrong. Valentine's Day has "substance" and "relevance" that you just aren't aware of. Valentines Day, along with Christmas and Easter, are are old christian holidays that have derived from the Catholic faith. It is after St. Valentine, who was martyred because he continued to marry young couples when the Roman king said that young men weren't allowed to get married because single men are better soldiers.
Regardless of your views or how it is celebrated now in America, it is still a legitimate holiday and there is no reason to be a "Valentine's Grinch." On the topic of economics, it is a day of big spending and employment opportunities. It is logical to assume that the more people employed, the more money spent- which is what keeps the economy going. But aside from the economic benefits, it can simply be a day where you get the opportunity to tell your special someone how much you like them, give your mom a kiss, or even write someone a poem; you don't have to be spending money to give the day "relevance".

http://www.history.com/topics/valentines-day