Скачать или смотреть Commodity vs. Product || What's the Difference?

Commodity vs. Product: What's the Difference?

Although they are often confused and may sometimes be used interchangeably, the terms commodity and product are somewhat different when used by traders today. A commodity often refers to a raw material used to manufacture finished goods. A product, on the other hand, is the finished good sold to consumers.

Both commodities and products are part of the production and manufacturing process; the main difference being where they are in the chain. Commodities are typically in the early stages of production, while products fall at the final stage.

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The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses a considerable risk of loss. The speaker does not guarantee any particular outcome.

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