Dictionary Meaning and Definition on 'Commercialized'
adj : organized principally for financial gain; "Christmas has
become a commercialized spectacle" [syn: commercialised]
Wikipedia Meaning and Definition on 'Commercialized'
Commerce is the exchange of goods and services from the point of production to the point of consumption to satisfy human wants. It comprises the trading of something of economic value such as goods, services, information, or money between two or more entities. Commerce functions as the central mechanism which drives capitalism and certain other economic systems (but compare command economy, for example). Commercialization or commercialisation consists of the process of transforming something into a product, service or activity which one may then use in commerce. Commerce involves trade and aids to trade which help in the exchange of goods and services.
While "business" refers to the value-creating activities of an organization for profit, commerce means the whole system of an economy that constitutes an environment for business. The system includes legal, economic, political, social, cultural, and technological systems that are in operation in any country. Thus, commerce is a system or an environment that affects the business prospects of an economy or a nation-state. We can also define it as a second component of business which includes all activities, functions and institutions involved in transferring goods from producers to consumers.[See more about Commercialized at Dictionary 3.0 Encyclopedia]
Words and phrases related to 'Commercialized'
Commercialized Sample Sentences in News
- Poll: Christmas commercialized?
Do you think Christmas is too commercialized? Read more on this news related to 'Commercialized'
- Aqua Power Launches Indiegogo Campaign for World's First H2O-Powered Fuel Cell
Aqua Power Systems, creator of the world's first commercialized technology that combines water and magnesium to build portable power plants and hybrid fuel cells, today announced the launch of its Indiegogo ... Read more on this news related to 'Commercialized'
- Do The Dance Music Grammy Nominations 2014 Do EDM Justice?
Alright EDM enthusiasts and raveheads, it's that time of year again. The Grammy Music Awards are fast approaching, as seen with the recently released 2014 nominees list , and in January the event will either hail or snub the electronic music genre pending on how well it can be commercialized to the masses. For instance, in 2012 deadmau5 and David Guetta perfor Read more on this news related to 'Commercialized'