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Economist Joel Waldfogel noted that because of the mismatch between what the giftee values the gift and the value paid for by the giver, the gifts lose between 10% and one-third of their value; he calls it the "deadweight loss of Christmas". This leads to gifts often being returned, sold, or re-gifted. In a 2016 European online survey, 15% of ...
A Christmas gift or Christmas present is a gift given in celebration of Christmas. Christmas gifts are often exchanged on Christmas Eve (December 24), [1] Christmas Day itself (December 25) or on the last day of the twelve-day Christmas season, Twelfth Night ( January 5 ). [2] The practice of giving gifts during Christmastide, according to ...
The canyon is one of the Seven Natural Wonders of the World and is largely contained in the Grand Canyon National Park – one of the first national parks in the United States. President Theodore Roosevelt was a major proponent of designating the Grand Canyon area as a National Park, often visiting to hunt mountain lion and enjoy the scenery.
In 1917 the British Government issued the Balfour Declaration which declared British support for the creation in Palestine of a "national home for the Jewish people".The declaration was enthusiastically received by many Jews worldwide, but was opposed by Palestinian and Arab leaders, who later claimed that the objective was a breach of promises made to the Sharif of Mecca in 1915, in exchange ...
Ceres ( minor-planet designation: 1 Ceres) is a dwarf planet in the middle main asteroid belt between the orbits of Mars and Jupiter. It was the first known asteroid, discovered on 1 January 1801 by Giuseppe Piazzi at Palermo Astronomical Observatory in Sicily, and announced as a new planet.
Benzhuism ( 本主教 Běnzhǔjiào, "religion of the patrons") is the indigenous religion of the Bai people, an ethnic group of Yunnan. It consists in the worship of the ngel zex, Bai word for "patrons" or "source lords", rendered as benzhu ( 本主) in Chinese. They are local gods and deified ancestors of the Bai nation.
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