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commodidies

 

Definitions from the Web

Commodities

Noun: Commodities refer to raw materials or primary agricultural products that are traded or used in the production of goods. They are typically the building blocks of various industries, and their prices are subject to fluctuations in supply and demand.

Sense 1: Commodities can include items such as oil, gold, wheat, and coffee.

Example sentence: The price of commodities like oil and gold directly impacts the global economy.

Sense 2: In economics, commodities are often exchanged through standardized contracts on commodity exchanges.

Example sentence: Many investors prefer to trade commodities through futures contracts.

Adjective: When used as an adjective, commodities describe goods or products that are widely available and not unique or specialized.

Example sentence: The market is oversaturated with commodity electronics, making it difficult for companies to differentiate themselves.

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