The New Year is an event that happens when a culture celebrates the end of one year and the beginning of the next. Cultures that measure yearly calendars all have New Year celebrations.
January 1 has been celebrated as a holiday by Western nations for only about the past 400 years. Less than the 35% of the world population celebrates January 1st as the begining of the New Year.
Traditions of the season include the making of New Year's resolutions. That tradition dates back to the early Babylonians. Popular modern resolutions might include the promise to lose weight or quit smoking. The early Babylonian's most popular resolution was to return borrowed farm equipment.