Cultural Significance
Before the use of electronic transfers of payments became the norm in the United Kingdom the fortnightly 'giro' payment was the normal way of distributing benefit payments. When unemployment peaked in the 1980s, large numbers of people would receive their benefit payment on the same day leading the concept of Giro Day, marked by the settlement of small debts and a noticeable increase in drinking, partying, and festivity activities. It is the focus of the 1996 film Waiting for Giro.
Read more about this topic: Giro
Famous quotes containing the words cultural and/or significance:
“By Modernism I mean the positive rejection of the past and the blind belief in the process of change, in novelty for its own sake, in the idea that progress through time equates with cultural progress; in the cult of individuality, originality and self-expression.”
—Dan Cruickshank (b. 1949)
“History is the interpretation of the significance that the past has for us.”
—Johan Huizinga (1872–1945)