commodification

Meaning

The transformation of goods, services, ideas, or social relations into market commodities.

The transformation of goods, services, ideas, or other entities that may not normally be considered goods into market goods.

Example Sentences

The commodification of education has increased tuition costs.

The commodification of natural resources threatens biodiversity.

Synonyms

Commercialization, Marketization, Productization, commercialization, marketization

Entry 1

Commercialization, Marketization, Productization

Entry 2

commercialization, marketization

Antonyms

Decommodification, Non-commercialization, Public Good, preservation, protection

Entry 1

Decommodification, Non-commercialization, Public Good

Entry 2

preservation, protection