What Is An Example Of Commodity? A commodity is a basic good used in commerce that is interchangeable with other goods of the same type. Traditional examples of commodities include grains, gold, beef, oil, and natural gas. For investors, commodities can be an important way to diversify their portfolios beyond traditional securities. What is a
What Is The Main Export Of South America? South America’s major exports, in terms of value, are mostly primary commodities, including foodstuffs and plant products, fuels, and raw materials. Within the first group the most important commodities are sugar, bananas, cocoa, coffee, tobacco, beef, corn, and wheat. What is the main source of income in
What Are Examples Of Primary Economic Activities? Primary economic activities include anything to do with the harvesting or mining of raw materials. Fishing is an example of a primary economic activity that goes on throughout the world and has been part of the human economy for thousands of years. Other examples include farming, hunting, mining,