important commodity
Frequency: 7.512.0 per million words
A product or raw material that is highly significant, often to an economy.
Categories:
Examples (10)
- Oil is the most important commodity in the global economy.
- Water has become an increasingly important commodity in drought-stricken regions.
- Gold remains an important commodity for investors during uncertain times.
- Coffee is an important commodity for many developing countries' economies.
- Steel is an important commodity in the construction industry.
- Natural gas has emerged as an important commodity for energy transition.
- Wheat is considered the most important commodity for food security.
- Lithium has become an important commodity due to electric vehicle demand.
- Cotton remains an important commodity in the textile manufacturing sector.
- Copper is an important commodity for electrical and telecommunications infrastructure.