Is power a commodity

Answer 1

Power can be considered a commodity in the context of electricity and energy markets, where it is bought and sold like other goods. In this sense, power is traded based on supply, demand, and market prices. However, the term "power" can also refer to influence or authority in social or political contexts, which does not fit the traditional definition of a commodity. Thus, while power can be a commodity in certain markets, its broader implications extend beyond mere economic exchange.