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 recent modern society,

people

tend to

purchase

famous-branded

products

,

such

as garments, vehicles, and so on. In my perspective, some

people

think that buying those kinds of stuff could upgrade their social status in the community. By affording some

products

from popular

brands

, which seem luxurious and expensive, the public may think that they have a wealthy life,

as well as

high taste in their lifestyle.

However

, for me,

this

phenomenon is likely

such

a negative development nowadays. There are two main points that base my opinions, which are the economic and social's points of view.

Firstly

, from my perspective on the economic aspect,

this

phenomenon may lead to a degradation of the local market. If the public tends to

purchase

well-known

brands

, especially from abroad, the local

brands

will be lost in

this

competition.

On the other hand

, the

products

of our domestic

brands

also

have better quality at much more affordable prices than several famous international

brands

.

For example

, recently I

purchase

running shoes that were produced by local entrepreneurs. Compared to my old shoes that I bought when I had a vacation in Singapore, I personally love the local ones because it fits perfectly on my feet and is more comfortable.

Therefore

, it is better for us to buy local

products

than foreign

products

. My next point of view is based on the social aspect. When

people

want to afford famous

products

, which are high in cost, they will do any endeavour to get the money. Some of my close relatives borrowed a number of cash from me to satisfy their lifestyle. Several

people

can pay it back on time, but others have numerous reasons to be late. Personally, I do not respect

people

when they do not be able to keep their promises.

This

situation may lead to disrespect and untrustworthy.

Thus

, I really suggest community to prevent

this

habit because it will loosen their relationship with others. In conclusion, the phenomenon of society

that is

likely to

purchase

expensive well-known

products

may lead to both economic and social aspects. From an economic perspective, it will decrease the local demand. Meanwhile, from a social point of view, it will raise a bad debt habit.

Lastly

, I recommend

people

buy

products

from local

brands

at affordable prices,

thus

we can save more money for other occasions.