New Year's is the celebration that marks the beginning of a new calendar year. It typically occurs on January 1st, following the last day of the previous year, December 31st. Many cultures around the world celebrate this occasion with various traditions, including fireworks, parties, and family gatherings. In addition to festivities, people often make New Year's resolutions, which are personal goals or commitments for self-improvement in the coming year. The celebration can vary significantly by region, with unique customs and practices, such as the ball drop in Times Square in New York City.