More and more people want to own items by famous brands. What are the reasons for this? Is it a negative or positive impact?

In the modern era of globalization, shopping trends change from day to day. It has recently been noticed that

,

Accept space

,

there is an increasing craze among people to buy luxury goods.

This

essay will analyse the major causes behind

this

trending movement and provide a logical conclusion.

Firstly

, a large number of people today, try and copy the celebrities to gain fame. At, these stars generally arrive at events or promotions in luxury cars, wearing branded outfits, the similar movement is followed by the youth of the society. These followers, acquire high end clothing in the hopes of achieving popularity just like the actors.

For instance

, a person wearing a Gucci shirt, that aligns with an entertainer's dress will receive a lot of attention from people.

Secondly

, the world today judges an individual on the basis of a social status. Provided that, exclusive goods, helps one get high regard in the community. An example of

this

would be a comparison between someone arriving in a BMW and the other person arriving in a small car.

However

,

this

inclination of owning expensive items, has several negative impacts on people's lives. Numerous individuals have developed a tendency of spending 75% of their paycheques, on

this

good,

thus

, spending huge amounts over their credit limits. Not only, does

this

, create a financial burden in the long run, but

also

, adversely affects people's minds.

Furthermore

,

this

trend creates social dissatisfaction between the rich and underprivileged classes of the nation, which in turn results in riots. The riots that took place in 2015 in India are an illustration of

this

scenario. To conclude, a number of reasons have contributed to the surge of

this

orientation, by purchasing luxury gears. But, one should evaluate one's condition, before overspending on these things, to avoid the negative outcomes.