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commodity

/kəˈmɒdɪti/

noun

Alınıp satılabilen ham madde veya tarımsal ürün

A raw material or primary agricultural product that can be bought and sold, such as oil, grain, or precious metals.

  • Gold is a valuable commodity traded on international markets.
  • Oil prices affect the cost of many other commodities.
  • Coffee is one of the most traded commodities in the world.
  • The sudden scarcity of lithium as a commodity has prompted governments to invest heavily in alternative battery technologies.
  • During the industrial revolution, cotton became an essential commodity that drove economic expansion across multiple continents.
  • Agricultural economists have observed that when a staple crop transitions from subsistence farming to global commodity status, rural communities often experience both economic opportunities and increased vulnerability to market fluctuations.
noun

Talep edilen yararlı veya değerli bir şey

Something useful or valuable that is in demand.

  • Time is a precious commodity in today's fast-paced world.
  • Fresh water is becoming an increasingly scarce commodity.
  • In business, trust is a valuable commodity.