commodity in a sentence
n.
📚 Grade Level: Grade 6, Grade 7, Grade 8
Definition
Commodity: a basic good used in commerce that is interchangeable with other goods of the same type, often a raw material or primary agricultural product.
Sample Sentences
- The price of the commodity fluctuated sharply due to changes in supply and demand.
- In today's global market, oil remains one of the most sought-after commodities.
- Farmers are increasingly aware of how climate change affects their crop commodities.
- Investors often turn to gold as a safe commodity during times of economic uncertainty.
- The rise of technology has transformed data into a valuable commodity in the digital age.