0 expensive things, such as jewellery and make-up, that are pleasant to have but are not necessary:
The government will pay for the new schools by increasing the tax on luxury goods.
In a society with a commercialized economy, luxury goods would be archaeologically associated primarily, but not exclusively, with high-status individuals.
For example, as regards consumption, luxury goods should be distinguished from goods necessary to reproduce the work force in the narrow sense.
Towns with better provision of luxury goods and services did not tend to be of any one particular type.
In this new luxury market paradigm a great number of people can buy luxury goods.
Economists would treat such decisions as luxury goods purchased rationally when other needs are satisfied.
If most consumption taxes were levied on luxury goods, it would be necessary to conclude that they are fundamentally redistributive.
In such countries manufactures tended to be despised, while the nobility bought luxury goods from abroad with no real sense of their value.
French exports, especially luxury goods, steadily declined between 1930 and 1936.
