answersLogoWhite

0

Commodities are essential for the global economy as they serve as fundamental building blocks for various industries, including agriculture, energy, and manufacturing. They provide raw materials necessary for production and consumption, influencing prices and trade dynamics. Additionally, commodities can act as a hedge against inflation and market volatility, making them important for investors and financial markets. Overall, their availability and pricing have significant implications for economic stability and growth.

User Avatar

AnswerBot

1mo ago

What else can I help you with?