Global Beauty Economy Essay Example | Topics and Well Written Essays - 750 words

Global Beauty Economy - Essay Example The essay "Global Beauty Economy" talks about the model of productive, reproductive and virtual economies at work in the global beauty industry in general and in the Quine Anos more specifically and how these economies are "intertwined" and how the participants make use of these economies as both consumers and producers.The reproductive services included; financial support, beauty creams, hairdressing, and clothing. For instance, Quine Anera’s sisters and cousins donated their best clothes, god fathers took care of the financial arrangements and well-wishers provided room or venue for the event. In case a needed service is not within the reach of well-wishers and family members, the event organizers have to seek for commercial reproduction services that family members of the Quine Anera have to pay or compensate later and this defines the virtual economy. According to the author, virtual economy is the exchange of virtual services for real money of physical products. For insta nce, Quine Anera had to pay for a beauty advice which is a virtual service. Participants in the productive economy serve as consumers to those in the reproductive economy. For instance, Parents who are in the production economy, tend to buy the services of those in the beauticians who are reproductive part of the economy. The chain between the productive and reproductive economy gives rise to virtual economy. Beauty experts and other service rendering individuals commercialize their roles into money earning-profession.