More and more people want to own items, such as cars, clothing and other things, that are made by famous brands. What are the reasons for this?Do you think it is a positive or negative development?

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In recent years, it has become a fashion to adhere to the developing world in all possible ways. Of that people love to spend money on top quality brands for buying automobiles, electronics etc., The reasons may include showcasing one's wealthier status to the society and their knowledges towards the fashion industry. Obviously, it has numerous positive impacts of the wellness and growth of a nation. Popular brands are the products that come out with high-end models and are of relative huge price. People who are fond towards
such
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expensive items are those who live
with
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by
higher standards and try to exhibit their prosperity through these items.
For example
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, citizens belonging to the lower poverty line will not be able to afford the huge price for his essential needs.
Secondly
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, famous brands are the symbol of growing culture and will be applicable to those who really admire them. On the same way, it has many impacts on the society.
Firstly
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, when there is huge demand in popular products, it implies overall growth of a state.
Secondly
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, as there exists a growth in the fashion industry, many will eventually work to upgrade their basic standard of living which again contributes to the wellness of the country.
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, when there is a willingness to afford costlier products it not only shows their own pride, but
also
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improves the standard of the society. To conclude, buying expensive items will definitely benefit both the buyer and the seller.
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Also it
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Also, it
has numerous positive impacts on every individual, thereby building a strong foundation in terms of development and technology.

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