Commodification definitions

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Commodification

Commodification logo #21000 Commodification is the transformation of goods and services, as well as ideas or other entities that normally may not be considered goods, into a commodity (in the Marxist sense of the word). The Marxist understanding of commodity is distinct from the meaning of commodity in mainstream business theory. One way to summarize the difference is that c...
Found on http://en.wikipedia.org/wiki/Commodification

commodification

commodification logo #20406the process by which goods and services acquire a monetary value and are capable of being bought and sold.
Found on http://www.polity.co.uk/cbs3/PDF/Glos.pdf
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