The reason the eastern luxuries Were expensive.

2 answers:

8 0

reasons that eastern luxuries were expensive because it cost a lot of money to produce them and it was used to dignify status. Luxury goods are said to have high income elasticity of demand: as people become wealthier

Nostrana [21]3 years ago

4 0

They were expensive because they were rare in the west. They were rare, because the ways to bring them were a very long, dangerous and otherwise expensive trade routes, either through central Asia or through the Indian and Arabic peninsula coast, and later (after Vasco da Gama) around Africa.

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