Final answer:
Black Friday is not a national holiday; it's the busiest shopping day of the year, following Thanksgiving, and marks the start of the holiday shopping season. Hence the statement that is not true is 3) Black Friday is a national holiday.
Step-by-step explanation:
The statement about Black Friday that is not true is that Black Friday is a national holiday. Black Friday is indeed always the day after Thanksgiving and has become known as the busiest shopping day of the year, signaling the start of the holiday shopping season. However, it is not recognized as a national holiday in the United States. Instead, it's a day when retailers offer significant discounts to attract customers, and it is widely regarded as an important sales day for the retail industry.
It's interesting to note that the term 'Black Friday' has also been associated with a different event in history. On May 9, 1873, a financial crisis known as Black Friday occurred when the Vienna stock market collapsed, causing widespread panic.