Question

Difference b/w Good & commodity?​

Answer 1

Answer:

Commodities are something used to make goods. And goods go to the end users. For instance, flour is commodity and bread is goods. If I tell you in a very informal way then commodity is a species of molecule/grain or whatever.

Answer 2

Explanation:

A commodity is a raw material used in the production process to manufacture finished goods, while a product is a finished good sold to consumers. ... Commodities are traded on exchanges through futures contracts, stocks, and ETFs, and can also be bought and sold in their physical states.

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