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commodities

Pronunciation: [kəˈmɒdətiːz]

Word

Learn how to use commodities in a sentence: 6 audio examples across 2 meanings.

Context: “economics”

(noun) items or products that are traded and can be bought and sold, like food and metals. Think of things you use every day, like coffee or gold.

Example

Many farmers grow commodities like corn and wheat for sale in markets.

Example

Rarely do commodities like gold become worthless; they usually have value.

Example

What types of commodities do you think are most important for our economy?

Context: “general use”

(noun) basic products that people rely on. This could include things like water, energy, or any service that is essential for living.

Example

Electricity is a necessary commodity that everyone uses in their homes.

Example

Luxury items are not considered commodities because they are not needed for survival.

Example

Which commodities do you think will be in high demand this summer?

How to pronounce commodities

Pronunciation: [kəˈmɒdətiːz]

Listen and repeat as many times as you need.

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