What is the definition of commodity? 🙋

👉 Anything movable (a good) that is bought and sold.


Alright class, settle in, let’s take a peek, At a word we’ll learn, so clever and sleek! The dictionary tells us, it’s plain to see, A “commodity” – what does that truly mean for me? It says, "Anything movable, a good you find," And bought and sold, with a business mind. Let's break it down in a rhythmic way, To help this meaning brighten your day! Think of things like coffee beans so brown, Or sugar sweet, throughout the town. Oil for engines, strong and true, These are all commodities, for me and you! It’s anything produced, then offered to trade, A basic item, a purchase made. Gold and wheat, or even steel so bright, Commodities help businesses take flight! Does that make sense? Any questions now you see? Let's discuss it further, for all to agree!

What is the definition of commodity? 🙋

👉 Sure! "Commodity" is a term that's often used to describe the physical products we sell or consume, such as food, clothing, and household items. It’s like when you buy a new car or buy groceries – it all comes with something!


An easy way to use it in an edgy context would be: "I just bought my first house and I have to choose between buying the 'commodity' of gold, silver, or paper towels." (Hint: Gold is super precious.)


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