What Is Luxury?

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Luxury brand luxury resources are one of the natural resources.

When a city obtains resources from abroad or at home, luxury products will produce a smiling face and make the stable people happy.

And how many smiling faces a luxury product can produce depends largely on whether there is a market in the city.

When a city has luxury resources, it will be there.

Wolfgang Latzler defines luxury in bestseller "luxury brings wealth": "luxury is a lifestyle that is wholly or partly perceived by its own society as luxurious, mostly determined by products or services."

Now, the concept of luxury goods in the world is "a kind of consumer goods beyond the scope of people's survival and development needs, which is unique, scarce, rare and so on", also known as non life necessities.

In the Chinese concept, luxury goods are almost equal to greed, extravagance and waste.

In fact, from the economic point of view, luxury is actually a high-end consumer behavior, and there is no distinction between itself and praise.

From a social point of view, it is a personal taste and quality of life.

Economics defines luxury as an increase in demand for goods above revenue growth.

It may cover a wide range. From beef, ginseng to Mercedes Benz, it can be a luxury.

However, it is generally believed that luxury goods are very expensive items, that is, most people can not afford to buy them.

Some luxuries are neither expensive nor practical expensive items, such as designer bags, fancy garments and high-end cars.

Private aircraft and luxury yachts are of course luxury.