Commodity chains refer to the interconnected series of activities involved in the production, processing, and distribution of a particular commodity. It includes all the steps from raw material extraction to final consumption.
Related terms
Globalization: The process by which businesses or other organizations develop international influence or start operating on an international scale.
Supply Chain: A network between a company and its suppliers to produce and distribute goods to customers.
Market Integration: The process of linking markets together in order to facilitate trade and exchange across regions or countries.