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Water has NOT become an economic commodity.
Clean drinking water, however has become economic commodity since there is a limited supply of it available on Earth.
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∙ 13y ago
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Was the French Revolution more economic or political in nature?
It began for economic reasons and quickly became a political event.
Was wheat used as commodity money by the American colonies?
where was salt used as commodity money
When was the CFTC established?
The Commodity Futures Trading Commission, established under the 1974 amendments to the Commodity Exchange Act, has far-reaching authority over a wide variety of commodity industry activities.
How did the miners on the goldfields get fresh water?
Fresh water was not always a commodity on the goldfields. Many times, all they had was access to creek and river water, which needed to be boiled before drinking. Often, the creeks were used for everything, including washing clothes and bathing.
The leading export commodity of China during the Han dynasty was?
the Han exported excellent silk, not sure if that counts as a commodity though
Is price of a commodity is study of microeconomics or macreconomics give your reason?
price of a commodity is a study of microeconomics as it deals with the behaviour of individual economic units or commodity.
How do you use commodity in a sentence?
Water is a commodity.
Is the supply of a commodity is same as demand of that commodity?
Only when economic equilibrium is reached. The supply is often not the same as the demand.
How do technologies affect our economic decisions?
the consumer economic decisions can affect the price and supply of a commodity
Much of the economic growth of Texas is based on which commodity?
Oil
What type of money has alternative use as an economic good?
commodity money
A scarce commodity used in an economic system?
A scarce commodity used in the context of an economic system is something that there is less of than what is needed. Examples are gasoline during a gas crisis, wheat after a drought, etc.
Is water the most important commodity?
Water is the most important commodity, without it life cannot be sustained.
What is the economic purpose of commodity exchanges?
Commodity exchanges have been around for over 150 years in the United States. Commodity exchanges provide a central marketplace that allows companies but and or sell products they need. These commodity exchanges provide companies what they require when they require it.
Why is clean water an essential commodity?
it is because water is life
Is a knife a commodity?
Yes, a knife can be considered a commodity as it is a widely available product that can be bought and sold in markets.
The process by which workers became a commodity in the labor marketplace is called?
mill migration
