Commoditization

   The process by which classic clothing can be easily created at a lower price than similar styles from a high-end manufacturer. A shift in the fashion industry during the early 1980s from highly designed clothing to minimalistic, classic looks made it easy for low-cost factories to produce this type of merchandise at far lower prices.

Historical Dictionary of the Fashion Industry. .

Look at other dictionaries:

  • Commoditization — is the process by which goods that have economic value and are distinguishable in terms of attributes (uniqueness or brand) end up becoming simple commodities in the eyes of the market or consumers. It is the movement of a market from… …   Wikipedia

  • commoditization — 1965, from COMMODITY (Cf. commodity) + ization; the businessman s form of the word; the Marxist s is COMMODIFICATION (Cf. commodification) …   Etymology dictionary

  • Commoditization — 1. A situation when illiquid financial contracts are changed or modified in a way that promotes trading and results in a more liquid market. 2. Making a product into a commodity. 1. While many consider this sort of adjustment worthwhile, some… …   Investment dictionary

  • commoditization — noun see commoditize …   New Collegiate Dictionary

  • commoditization — noun The transformation of something into a commodity …   Wiktionary

  • commoditization — com·mod·i·ti·za·tion …   English syllables

  • commoditization — noun see commoditize …   Useful english dictionary

  • Commodity Pathway Diversion — Contents 1 Commodity Pathway Diversion 2 Commodity Flow 3 Commodity Situation 4 Commodity Pathways and Diversions: Origination …   Wikipedia

  • Nutritional economics — is a synthetic concept that deals with the interplay between economic systems, nutritional status and food security, and how changes in the former affect the latter. If economic and environmental changes in a community affect access to food, food …   Wikipedia

  • Commodification — Part of a series on Marxism …   Wikipedia

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