Commodity

What is commodity

• any raw material or agriculture product

• stock and bond that are bought and sold

• oil and money that are exchange in the market

• natural gas to create petrol

An example of hard commodity is

• coffee

• rice

• hog

• rubber

An example of soft commodity is

• oil

• rubber

• gold

• cattle

Hard commodity can be define as

• natural resources that are grown

• natural resources that must be mined or extracted

• the oldest type trade

• secondary goods that are sold

Which is NOT one of the broad categories for commodities

• energy

• livestock

• gas

• metal

What the two types of commodities ?

• soft & hard commodities

• hard & paper commodities

• soft and agriculture commodities

• hard and metal commodities

______and _____ drives the commodities market

• stocks and bonds

• supply and demand

• economy and imports

• demand and economy

What is your level of understand for the topic so far? (4 being high, 3- average, 2- low, 1- zero)

• 4

• 3

• 2

• 1

Name one hard commodity you use everyday

Name one soft commodity you use everyday