basic commodity

Frequency: 7.815.1 per million words

Refers to essential goods like food and fuel.

Categories:

Examples (10)

  • Water is the most basic commodity necessary for life.
  • The government implemented price controls on every basic commodity to prevent runaway inflation.
  • Many developing nations depend on the export of a single basic commodity, like coffee or cocoa.
  • Fluctuations in the price of a basic commodity like fuel can impact the entire economy.
  • Access to a basic commodity such as grain is a matter of national security.
  • The report analyzed the supply chains for each basic commodity in the region.
  • Historically, salt was an incredibly valuable basic commodity.
  • During the crisis, the distribution of every basic commodity was carefully managed.
  • Investors often trade futures on a basic commodity to speculate on price changes.
  • For the poorest families, simply affording a basic commodity can be a daily challenge.