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? Is it a positive or negative development?

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In modern
society
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,
people
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believe that having luxury
products
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is a representation of social status.
That is
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why many
people
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want to buy famous items,
such
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as luxurious automobiles, expensive watches, or bags, and show off with them to their community. In my opinion,
this
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is an extremely negative development for our
society
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in terms of many reasons.
First
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of all, famous brands are demanded since their prices are unreachable for many citizens. That way, the others who can effort to buy them show their economic and social status to their
society
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.
However
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, in today's world,
people
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who can't pay the price for these expensive
products
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get loans from banks to buy them and prove their status to their community. Sadly,
as a result
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, they can't pay their loans to these banks and they get in trouble financially.
For instance
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, recent research showed that every two of the five families in the UK are dealing to pay their loans back, due to buying unnecessary luxury
products
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. In a nutshell, the ambition to buy expensive items may lead
people
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into a lot of debts. The other reason to consider
this
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behaviour as a negative development is that it causes extreme damage to the environment. Many famous brands use toxic materials
instead
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of healthy ones due to produce their
products
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quicker and cheaper. Unfortunately, these unhealthy materials are extremely dangerous for our atmosphere and cause air pollution. As a consequence, they
also
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increase the danger of global warming.
For example
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, according to a study, the heat of the World increased 0.5 Celcius because of these famous brands and their toxic materials. In conclusion, the demand to buy these luxurious and famous
products
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is a negative development for our world and
society
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as regards economic and environmental reasons.

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