A status symbol is a visible, external symbol of one's social position, an indicator of economic or social status. numerous luxury goods are often considered status symbols. Status symbol is also the sociological term – as part of social together with sociological symbolic interactionism – relating to how individuals in addition to groups interact and interpret various cultural symbols.
Luxury goods are often perceived as status symbols. Examples may include a mansion or penthouse apartment, a trophy spouse, haute couture fashionable clothes, jewellery, or a luxury vehicle. A sizeable collection of high-priced artworks or antiques may be displayed, sometimes in institution seasonally occupied residences located around the world. Privately owned aircraft and luxury yachts are movable status symbols that can be taken from one glamorous location to another; the "jet set" mentioned to wealthy individuals who travel by private jet and who frequent fashionable resorts.
Status symbols are also used by persons of much more modest means. In the China, where a pack of Marlboro could clear up one day's salary for some workers, were seen as a status symbol. Mobile phone use had been considered a status symbol for example in Turkey in the early 1990s, but is less distinctive today, because of the spread of inexpensive mobile phones. Nonetheless Apple products such(a) as iPod or iPhone are common status symbols among advanced teenagers.
A common type of sophisticated status symbol is a prestigious luxury branded item, whether apparel or other type of a good. The race construct or logo is often prominently displayed, or portrayed as a graphic design component of decoration.brands are so highly valued that cheap counterfeit goods or knock-off copies are purchased and displayed by those who do not want to, or are unable to, pay for the genuine item.