Explore the definition and historical journey of status symbols. Learn how they adapt with societal changes and remain key indicators of social and economic stature.

In comparison to younger people who are collectively struggling to achieve financial stability and comfort in their daily lives, millennials are doing pretty well — and they want the world to know it.

The concept of a "status symbol" is deeply embedded in human behavior. We often acquire certain items or strive for particular achievements to signal our standing, success, or desirability. However, ...