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The Market as a Social Institution — Sociology STD 12 Humanities — Question

CBSE BoardEnglish MediumSTD 12 HumanitiesSociologyThe Market as a Social Institution4 Marks
Question
Explain the meaning of ‘Commoditisation’ with the help of examples.
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Answer

Commoditisation or Commodification-
It occurs when things that were earlier not traded in the market becomes commodities.
Example:
  1. Labour or skills become things that can be bought and sold.
  2. Sale of kidneys.
  3. Professional marriage bureaus to find brides and grooms.
  4. Institutes for personality development, spoken English.
  5. Bottled water.
  6. Human trafficking.
  7. Imparting of social and cultural skills, etc.

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