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Is Information Technology a commodity

Updated: 9/13/2023
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9y ago

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Information Technology is not a commodity. Information Technology is a service and that is why in some global stock indexes, IT stocks are classified under the service sector.

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Related questions

How can it be information a commodity?

Anything that has worth can be a commodity; think of all the government secrets other governments want to know.


How can information be a commodity?

Anything an individual or group posesses, which, in turn, is perceived by another individual or group to be valuable, is a commodity.


Where can one find out more on commodity futures options?

If you want to find out more information about commodity futures options then you can go to the website Commodity World which is a free site where you can do research.


What does the statement 'information is a commodity' mean?

A commodity is something that can be bought and sold. In the case of information, lots of information is free (for example, I am not charging you for answering your question) but nonetheless, information is often bought and sold. Experts get paid very well for their expertise.


What is information technology on information communication technology?

no


What is information and technology traning?

Information and technology training is studying courses related to information technology.


What is the full form of ICT?

ICT stands for Information & Communication Technology.


Which financial company provides commodity trading information?

Thomson Reuters provides a large amount of information in commodity trading. they provide an insight in several fields and they include guides in each of them.


What is full meaning of ict?

Information communication technology


What does IT stand for in computers?

Information technology


Where can one find information about best stocks commodity?

Information about the best stocks commodity can be found on Investopedia, Traders, Bloomberg, Business Week, Bar Chart, Nasdaq, Trading Charts and Seeking Alpha.


Is information Technology in Abuja?

is information technology in university of Abuja