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Further, others say that He was born on the 24th or 25th of Pharmuthi [April 20 or 21].
Various factors contributed to the selection of December 25 as a date of celebration: it was the date of the winter solstice on the Roman calendar; it was about nine months after March 25, the date of the vernal equinox and a date linked to the conception of Jesus.
In addition, several closely related and often interchangeable figures, known as Santa Claus, Father Christmas, Saint Nicholas, and Christkind, are associated with bringing gifts to children during the Christmas season and have their own body of traditions and lore.
Because gift-giving and many other aspects of the Christmas festival involve heightened economic activity, the holiday has become a significant event and a key sales period for retailers and businesses.
In the Matthew account, magi follow a star to Bethlehem to bring gifts to Jesus, born the king of the Jews.
King Herod orders the massacre of all the boys less than two years old in Bethlehem, but the family flees to Egypt and later settles in Nazareth.
Although it is not known why December 25 became a date of celebration, there are several factors that may have influenced the choice.An anonymous work known as De Pascha Computus (243) linked the idea that creation began at the spring equinox, on March 25, with the conception or birth (the word nascor can mean either) of Jesus on March 28, the day of the creation of the sun in the Genesis account.One translation reads: "O the splendid and divine providence of the Lord, that on that day, the very day, on which the sun was made, the 28 March, a Wednesday, Christ should be born.He, therefore, who bent low and lifted us up chose the shortest day, yet the one whence light begins to increase." Linking Jesus to the Sun was supported by various Biblical passages.Jesus was considered to be the "Sun of righteousness" prophesied by Malachi: "Unto you shall the sun of righteousness arise, and healing is in his wings." Such solar symbolism could support more than one date of birth.
The economic impact of Christmas has grown steadily over the past few centuries in many regions of the world.