More and more people want to buy clothes, cars and other products from well-known brands. What are the reasons? Do you think it is a positive or negative development?

In current times, purchasing cars, clothes and other

products

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from famous

brands

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, are becoming popular among a large number of people. I partly agree with

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idea and its pros and cons in equal measure will be outlined below. On the one hand, the tendency of consuming well-known

brand

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goods depends on personal possessions reflecting wealth, social status and appearance. Many people taking part in some formal meetings feel more self-confident if they wear clothes and accessories from large

brands

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. More specifically,

products

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from famous

brands

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are prioritized because of high quality and fashionable designs that are suitable for enhancing people’s appearance.

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the reason why sneakers from Nike or handbags from Chanel are always on top of the most favourite items.

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, some types of goods like cars from luxurious

brands

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are usually sold at exorbitant prices because of their expensive materials or unique features.

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, these

products

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are considered as a tool for the rich to show off their wealth or social status.

On the other hand

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, buying goods from

a well-known

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well-known brands

a well-known brand

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brands

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can bring both merits and drawbacks to the business world. Countries, where popular

brands

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are based,

brands

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are based have a strong and healthy economy.

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, the US, the home country of Apple and Microsoft, has been the strongest economic superpower since the

products

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of well-known

brands

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are favoured not only in domestic but

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in

the

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apply

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foreign markets. In sharp contrast, most developing countries find it hard to improve their local

brand

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names because of the stable positions of large

brands

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.

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, that leads to instability of the economic scale. In conclusion, purchasing famous

brand

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products

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or not is a personal choice. People use large

brand

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items for their taste or to show off their wealth and social status.

This

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trend could bring both positive and negative consequences to the business market