Definition: Anything movable (a good) that is bought and sold.
Alright class, settle down now, letâs take a look! Youâve got the dictionaryâs clue, itâs true, âAnything movable, a good for you!â But âcommodities,â my dears, has a special plea, It's more than just a thing you can see! Think of this: gold and silver bright, Or coffee beans, dark as night. Oil that fuels our cars with speed, Wheat fields growing, a golden feed. Commodities are things we trade, itâs plain, Raw materials, again and again. They aren't finished products you might find, Like a sweater knitted, neatly designed. Instead, they're the basic stuff, you see, That farmers grow or miners decree! So "movable goods" is part of the way, But commodities are what we buy and pay â For things like crops and metals bold, Stories of trade, often told. Do you have any questions? Letâs discuss with care, Understanding commodities, a valuable share!