Want to say commodity-based differently? Here are other words for commodity-based and its similar synonyms and opposite words to say in unique way.
Meaning of commodity-based
The primary meaning of "commodity-based" refers to something that is related to or dependent on commodities, which are raw materials or primary products that can be bought and sold.
Etymology of commodity-based
The word "commodity" comes from the Old French "commodité", meaning "convenience" or "advantage", which is derived from the Latin "commoditas", meaning "convenience" or "fitness".
The term "commodity-based" is a relatively modern concept, emerging in the context of modern economics and trade.
Synonyms
asset-based
resource-driven
goods-based
product-oriented
market-driven
trade-based
material-based
supply-and-demand-driven
economic
mercantile
commercial
industrial
manufacturing
agricultural
extractive
raw-materials-based
physical
tangible
material
goods-oriented
production-oriented
consumption-based
utility-based
value-driven
price-driven
cost-based
expenditure-based
revenue-driven
profit-driven
loss-driven
wealth-driven
resource-oriented
capacity-based
capability-driven
infrastructure-based
facilities-based
equipment-based
technology-driven
innovation-driven
research-based
development-oriented.
Definitions
- A system or economy that is based on the production, trade, and consumption of commodities.
- A business or industry that is focused on the extraction, processing, and distribution of commodities.
- A market or sector that is driven by the supply and demand of commodities.
Usage Examples
- The commodity-based economy of the country is heavily reliant on the export of raw materials such as oil and gas.
- The company's commodity-based business model is focused on the production and distribution of agricultural products.
- The commodity-based market is subject to fluctuations in supply and demand, which can impact prices and profitability.
Antonyms
service-based
knowledge-based
skill-based
labor-based
intellectual
intangible
abstract
non-physical
non-material
non-tangible
non-commodity
non-market
non-economic
non-mercantile
non-industrial
non-manufacturing
non-agricultural
non-extractive
non-raw-materials-based
non-physical
non-tangible
non-material
non-goods-oriented
non-production-oriented
non-consumption-based
non-utility-based
non-value-driven
non-price-driven
non-cost-based
non-expenditure-based
non-revenue-driven
non-profit-driven
non-loss-driven
non-wealth-driven.