Water has NOT become an economic commodity. Clean drinking water, however has become economic commodity since there is a limited supply of it available on Earth.
water
Water.
Water is the most important commodity, without it life cannot be sustained.
So you can have clean juice.
Access to drinking water should be a commodity because the purification plants that process the clean water we take for granted sometimes cost them million es of dollar's year round
labor
labor
it could be essential, useful, luxurious etc..........
Labor -apex
Water is a commodity.
Diamonds are a commodity that people usually buy as a luxury. Water is vastly more abundant than diamond, and so its price can be low.