commodities
Definitions
Raw materials or primary agricultural products that can be bought and sold, such as copper or coffee.
Useful or valuable things, especially as distinct from services.
Articles of trade or commerce, especially goods that are interchangeable with other goods of the same type.
Examples
The global economy relies heavily on the trade of raw commodities like oil, gold, and wheat.
Investors often turn to commodities as a hedge against inflation during periods of market volatility.
The country's wealth is largely dependent on the export of agricultural commodities to international markets.