10 sentences with 'commodities'
Example sentences and phrases with the word commodities and other words derived from it.
• « As noted above, there were many lucrative commodities (such as gold and ivory) that Europeans coveted and could only obtain from North African traders. »
• « Because of the enormous wealth that was generated not from gold and silver per se, but from commodities such as sugar, tobacco and coffee (as well as luxury goods such as spices that had always been important), the states of Europe were willing to constantly fight among themselves, as well as to perpetrate one of the greatest crimes in history: the Atlantic slave trade. »
• « In short, we see in the 17th and 18th centuries the first phase of a system that would later be called capitalism: an economic system in which the exchange of commodities for profit generated wealth that was reinvested in the name of even greater profits. »
• « While the original impetus for overseas expansion during this period was primarily commercial, centred on the search for commodities and profits, it was also an important political focus for all European powers in the 18th century. »
• « Over time, the whole of society was transformed, giving rise to the term "industrial society", in which everything is largely based on the availability of an enormous amount of cheap energy and an equally enormous number of mass-produced commodities (including people, to the extent that workers can be replaced). »
• « This had obvious repercussions for trade, because it became cheaper to transport commodities by steamship than to use locally produced ones; this had huge repercussions for agriculture and forestry, among other industries. »
• « This increase in the average person's ability to purchase commodities beyond what he or she needed to survive was ultimately based on the energy unleashed by the Industrial Revolution. »
• « Even with the quality of life struggles of workers, by the late 19th century commodities were simply so cheap to produce that the average person actually enjoyed a better quality of life and could buy things like consumables and newspapers. »
• « India produced vast quantities of precious commodities, including cotton, spices and narcotics. »
• « An exchange of ideas, fuelled and financed in part by New World commodities, began to connect European nations and, in turn, touch the parts of the world that Europeans conquered. »