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By Author: Shelby Lara
Total Articles: 100
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Luxury is in a certain economic and social development under the conditions of the goods produced by a special type of social hierarchy is the class of an objective environmental conditions and common goods bound form and social phenomena. Commodity in the modern market economy, luxury goods and other types of goods or property, is an important modern commodity economy an integral part. In the modern economic development and social life, cutting-edge as the industry's aggregate capital, the concentration of private material wealth, and people on the identity, status, highlight the image of the psychological needs of extrinsic or a personalized quality of life for the pursuit of these economic And the objective existence of social conditions, the economic development of modern luxury to establish a solid relationship between market supply and demand, and has become a modern economy and an important component of social life, economic development and social life have a major impact.

Modern commodity economy is based on market supply and demand, based on reciprocity as a condition to the parties involved to work for the purpose ...
... of exchange of products of the general socio-economic relations, and luxury can be relatively independent of economic reason why the modern commodity economy as an integral part of , is market driven commodity economy under the conditions of industry or specialization within the industry determined by the fine division of labor, but also the specific products under the conditions of market economy, marketing, market positioning an inevitable requirement.

First, the luxury goods economy is a full feature with a special system of consumer goods or services industry. As the market demand-oriented and industry classification refinement, and the objective existence of different grades of goods and services and consumption levels of individual needs, making luxury goods from the ordinary sequence of polarized, with its "high quality, high prices, to meet The individual needs of sophisticated consumers, "the distinctive characteristics of the formation of a relatively independent commodity industrial system.

Secondly, the luxury goods economy running system has a unique product different from the ordinary run mechanism. The production of luxury goods production, marketing, publicity, packaging, transportation, service, experience and other consumer goods and production of circulation during exercise, with more than ordinary products, higher quality requirements, product quality standards are significantly above the industry or Relevant national quality standards, especially in raw materials, process, technology and personalized services, integration of resources in general has a rare industry, originality, leadership and other characteristics.

Moreover, the luxury goods industry, the economy has a relatively independent economic system property. Luxury goods production, circulation, exchange and consumption and other economic relations between the adjustment and operation, can form a relatively independent system of economic sectors, and different from other general merchandise with the adjustment and operation of economic laws and industry requirements.

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