Please make corrections for my essay

More and more people want to buy famous brands with clothes, cars and other items. What are the reasons? Do you think it is a positive or negative development?

An accelerating number of individuals tend to be in endless pursuit of high-end items in the contemporary world. From my perspective, there are major contributing factors to this trend, and this tendency can be negative in several ways.

To begin with, there are lots of compelling reasons to explain why people in the present day are likely to purchase high-end brands such as Gucci, Addidas, Nike. First, a huge number of rich families are likely to put on some famous brands to strengthen their socioeconomic status. Because it is evident that the quality of products manufactured by prestigious companies is globally recognized. A typical example of this is that a variety of boutiques are available selling in some shopping malls which exist in big metropolises, attracting lots of people coming from all corners of the city. Secondly, almost young people tend to be materialistic, treasuring materials than relationships, which have a tendency to show off their wealth, together with eliminating inferiority complex, this allows them to reduce the discrimination on the grounds of color bar or generation gaps.

Furthermore, I harbor the view that long-term drawbacks of the dominance of famous brands can not be neglected. The first disadvantage of this is that due to an enormous expenditure on ludicrously expensive products, people tend to confront various challenges in allocating spending on overhead costs. To illustrate, people tend to be deep in debt unless budget-friendly products are prioritized. In addition, consumerism is at its most obvious, especially during holiday seasons like Black Friday. This is likely to cause a waste of resources when there is an abundant supply of merchandise in order to meet public needs.

To sum up, I believe that this trend is caused by 2 major factors, and the consumer society is prioritized for branded goods can be highly detrimental.