subject: Watches as a kind of luxury [print this page] In the Chinese concept, luxury is synonymous with greed, extravagance and waste. In fact, from an economic sense, is a high-end luxury consumer behavior in real terms, there is no praise nor criticize their distinction. From a social sense, is a personal taste and quality of life improved. Economics, luxury is defined as the growth in demand for its goods higher than the revenue growth. It may be very wide scope, from beef, ginseng to Mercedes, may be a luxury. However, people usually think that those are very expensive luxury items that most people can not afford the items. Some luxury goods is neither necessary nor practical use of expensive items such as brand-name bags, clothing and high-level luxury car. Private jets and luxury yachts certainly fall within the luxury category.
