commodification

[ kuh-mod-uh-fi-key-shuhn ]
/ kəˌmɒd ə fɪˈkeɪ ʃən /

noun

the act or fact of turning something into an item that can be bought and sold: The commodification of water means that access is available only to those who can pay.
the act or fact of exploiting a person or thing for profit: Some of the tourism to developing countries risks becoming a commodification of culture and poverty.

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Origin of commodification

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020

Example sentences from the Web for commodification