Commodities

Where do commodities come from?

• ag products

• crops/animals

• the store

• Ms.Parsons class

Which best defines a commodity?

• A thing that you buy

• A raw material or primary agricultural product that can be bought and sold.

• Crops

• A thing that you buy and sell at the grocery store

Which is an example of a direct product?

• Candy

• Sweet tea

• corn

• Cereal

Which is derived from a direct product?

• Corn

• Sugar

• Wheat

• High fructose syrup

What is an Import?

• Bringing goods or services into a country

• Selling goods to another country

• Selling goods to another state

^________goods or services into a country from abroad for sale

T/F: Trading is necessary

• False

• True

Which is NOT a top commodity in the US?

• Cattle

• Dairy Products

• Corn

• Pork

Which IS a top commodity in TEXAS?

• Corn

• Cattle

• Cereal

• Tea