commoditization etymology

Etymology:

• The word "commoditization" is derived from the Latin word "commodus," meaning "convenient, suitable."
• It was first used in English in the early 19th century to describe the process of making something into a commodity, or a standardized, mass-produced product.

Meaning:

• The act or process of converting a good or service into a commodity.
• The transformation of something unique or valuable into something that is widely available and has a standardized price.

Origin:

• The concept of commoditization emerged during the Industrial Revolution, when mass production techniques made it possible to produce large quantities of standardized goods.
• This process led to the decline of traditional craftsmanship and the rise of interchangeable parts and assembly-line manufacturing.
• As standardized goods became more readily available and affordable, they began to replace unique, handcrafted products, resulting in the commoditization of many industries.

commoditization relate terms

• commodification

  Etymology and Origin The term commodification is derived from the Latin word commŏdā

• commodity

  Etymology The word commodity is derived from the Latin term commoditas which means

• commodity

  Etymology The word commodity is derived from the Latin term commoditas which means

• ring

  Etymology The word ring derives from the Old English word hring which is cognate wit

• alibi

  Etymology Middle English alibi from Latin Latin alibi elsewhere Meaning A de

• inimical

  Etymology Latin inimīcus enemy Proto Indo European h₃en h₁kó s uncongenia

• eminent

  Etymology Latin eminēre to stand out project Proto Indo European men to thin

• bathroom

• Islam

  Etymology The word Islam originates from the Arabic root word salām which means p

• fork

  Etymology Old English forc Middle English forke Proto Germanic furkô Proto Indo

• consumption

  Etymology Old French consumpcion Latin consumptionem past participle of consumere t

• other

  Etymology Origin Latin alter meaning the other of two Meaning A different or

• theory

  Etymology The word theory comes from the Greek word θεωρία theōría meaning