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The watches are work of attraction since late times and were used to show gender, economic status and serve as adornment among others. It actually was used to define social class of the wearer. Among the top manufacturers Switzerland and Japan were the ones. Aside of social status, it also tells the most precious thing of world that is time. It is faced by market regulatory policies due to being luxury good.
It has brought a digital revolution dropping down the prices for general public. It is now an important part of clothing.