The next major advance came in 1982, when Sims put metal edges on his snowboard so it could be used in a wider variety of snow conditions. He went on to improve and expand the sport over the years, introducing new snowboarding styles, bindings and designs.
Commodity money is a form of money with an intrinsic value. Some of the best examples of commodity money are silver and gold coins. Currency(cash) or banknotes do not have intrinsic value and are virtually worthless in itself. It only has value because society views it as a unit of exchange. This type of currency is called fiat money.
Commodity has a special meaning as a raw product that is generally the same from one batch or producer to the next. While you can can buy a pound of a particular brand of pinto beans from the grocery store, pinto beans are traded in the stock market in much larger quantities based on a commodities price.ommodities are something used to make goods. And goods go to the end users. For instance, flour is commodity and bread is goods. If I tell you in a very informal way then commodity is a species of molecule/grain or whatever. Whether you buy wheat from place A or B, wheat is wheat.