+A **luxury good** is an economic good whose demand rises more than proportionally as [Income](/wiki/income) increases. Often associated with high [Status](/wiki/status) and craftsmanship, it is not considered a necessity for basic living.
+## See also
+- [Economic Good](/wiki/economic_good)
+- [Veblen Good](/wiki/veblen_good)
+- [Necessity Good](/wiki/necessity_good)
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