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A commodity is any item, such as natural gas or gold, that satisfies the needs of consumers or investors. Of course, anything that multiple people are willing to pay for and need could be considered a commodity.
Wiki User
∙ 10y ago
Wiki User
∙ 9y agoA raw material or primary agricultural product that can be bought and sold, such as gold, silver, copper..
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What is the definition of economic geography?
The Branch of Geograpghy concerned with the production and distribution of commodities >> there you go :)
The definition of commadites?
Commodity:Bulk products, such as metals, grains, and foods, that are traded on a commodities exchange.
What the definition of economic geography?
The Branch of Geograpghy concerned with the production and distribution of commodities >> there you go :)
What is Richard Kohl's definition of agricultural marketing?
It is the process of buying and selling agricultural commodities which includes harvesting, sorting, grading, processing, storing, etc.
What changes observed in primary commodities?
The freshness of the primary commodities is the observed changed. Primary commodities refers to the commodities in unprocessed state.
What is the best definition of business?
According to St. Thomas More, a 'business' is a "A conspiracy of rich men to procure their commodities under the name and title of the commonwealth.:"
What is a buyer and seller of commodities for profit called?
It depends: are we talking about commodities CONTRACTS, or the commodities themselves? A person who specializes in buying and selling commodities futures and options is a commodities broker. Someone who buys and sells the physical good--lumber, wheat, whatever--is a commodities dealer.
Is overstocl a word in the English language?
Overstocl isn't a word in the English language, however Overstock is. Overstock definition is to hold or supply (commodities) in excess of requirements.
What is meant by the term commodities and futures?
Commodities are services and goods. Soft commodities are goods that are grown, hard commodities are goods that are mined. A futures is a contract to buy commodities or financial instrument set in certain time in the future. These contracts are traded.
What is a commodities letter of credit?
It is a Letter of Credit covering commodities.
When was Commodities Corporation created?
Commodities Corporation was created in 1969.
What is Danske Commodities's population?
The population of Danske Commodities is 135.
