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Yes, luxury can become a necessity when it fulfills essential emotional or psychological needs, such as comfort, security, or status. As societal values shift, items once considered luxuries—like high-quality goods or experiences—can become essential for mental well-being or social acceptance. Additionally, in a consumer culture, the line between luxury and necessity often blurs, leading individuals to prioritize these goods for a perceived improvement in quality of life. Ultimately, the perception of what constitutes a necessity can evolve based on cultural and personal contexts.
What else can I help you with?
Mobile phone is luxury or necessity?
the answer is that some people think it is a necessity, but it used to be a luxury in the 80's
Are business ethics a necessity or a luxury?
there are none
Necessities and luxuries?
Is orthodoncia a luxury or a necessity
Was a phonograph a luxury good or a necessity good?
For most homes the phonograph was a luxury good. However, for a radio broadcasting station the phonograph was a necessity good.
Is dining room furniture considered a luxury or a necessity?
If you often have guests at your house, and you prefer a formal dinner, than it is a necessity. Otherwise, it can be considered a luxury.
Being ethical in business is no longer a luxury?
being ethical in business is no longer a luxury. it a necessity
What kind of elastic demand does electricity belong?
It depends on whether electricity is necessity or luxury. In the US where electricity is a necessity, the demand is likely to be inelastic In Africa where electricity is luxury, the demand is likely to be elastic
How does a persons perception of a good is a necessity or a luxury affect his or her purchase of it?
a good that is perceived as a necessity will be purchased even if the price rises
How does a person's perception of whether a good is necessity or a luxury affect his or her purchases of it?
a good that is perceived as a necessity will be purchased even if the price rises
How does a person's perception of whether a good is a necessity or luxury affect his or her perception of it?
a good that is perceived as a necessity will be purchased even if the price rises
How does a person perception of whether a good is a necessity or a luxury affect his or her purchases of it?
a good that is perceived as a necessity will be purchased even if the price rises
How does a persons perception of whether a good is a necessity or luxury affect his or her purchases of it?
a good that is perceived as a necessity will be purchased even if the price rises
