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91-523: The saline is first mentioned in the records in 1381 and, from that time on, salt was extracted from brine in Sülze. The development of Sülze's salt spring was strongly encouraged by the dukes of the Principality of Lüneburg who wanted to create a counterbalance to the town of Lüneburg , which had largely succeeded in maintaining its independence from territorial lords as a result of the salt trade. This intent

182-407: A graduation tower 200 metres long and 7 metres high. A boring mill was also built here for the manufacture of water pipes from tree trunks. Brine was carried in wooden pipes from Sülze and peat delivered by boat using a canal excavated for the purpose. As early as 1719 there were discussions about moving the boiling houses again because Bornrieth Moor was exhausted. In the period from 1719 to 1725

273-640: A salt works in China dates to approximately the same period. Salt was prized by the ancient Hebrews , Greeks , Romans , Byzantines , Hittites , Egyptians , and Indians . Salt became an important article of trade and was transported by boat across the Mediterranean Sea , along specially built salt roads , and across the Sahara on camel caravans . The scarcity and universal need for salt have led nations to go to war over it and use it to raise tax revenues. Salt

364-432: A 50 mg tablet of calcium is of equal value to a consumer no matter what company produces and markets it, and as such, multivitamins are now sold in bulk and are available at any supermarket with little brand differentiation. Following this trend, nanomaterials are emerging from carrying premium profit margins for market participants to a status of commodification. There is a spectrum of commoditization, rather than

455-408: A binary distinction of "commodity versus differentiable product". Few products have complete undifferentiability and hence fungibility; even electricity can be differentiated in the market based on its method of generation (e.g., fossil fuel, wind, solar), in markets where energy choice lets a buyer opt (and pay more) for renewable methods if desired. Many products' degree of commoditization depends on

546-649: A commodity is an object or a good or service ("product" or "activity" ) produced by human labour . Objects are external to man. However, some objects attain " use value " to persons in this world, when they are found to be "necessary, useful or pleasant in life". "Use value" makes an object "an object of human wants", or "a means of subsistence in the widest sense". As society developed, people found that they could trade goods and services for other goods and services. At this stage, these goods and services became "commodities". According to Marx, commodities are defined as objects which are offered for sale or are "exchanged in

637-476: A decade, where commodities as a whole trade at a price that is greater than their long term moving average . A Super Cycle will usually occur when there is large industrial and commercial change in a country or world that requires more resources to support the change. As prices rise, goods and services that rely on commodities rise with them. There have been four super cycles over the last 120 years worldwide. The first commodity super cycle started in late 1890 and

728-438: A fertilizer, applying a moderate concentration helps avoid potential toxicity; typically, 1–3 grams (0.035–0.106 oz) per liter is considered safe and effective for most plants. Sodium chloride is one of the largest volume inorganic raw materials. It is a feedstock in the production of caustic soda and chlorine . These are used in the manufacture of PVC , paper pulp and many other inorganic and organic compounds. Salt

819-443: A healthy level of sodium intake of between 4 and 5 grams (equivalent to 10-13 g salt) a day. One of the two most prominent dietary risks for disability in the world are diets high in sodium. Only a small percentage of the salt manufactured in the world is used in food. The remainder is used in agriculture, water treatment, chemical production, de-icing, and other industrial use cases. In the practice of watering plants with salt as

910-422: A high sodium content and fill a similar role to table salt in western cultures. They are most often used for cooking rather than as table condiments. Human salt taste is detected by sodium taste receptors present in taste bud cells on the tongue. Human sensory taste testing studies have shown that proteolyzed forms of epithelial sodium channel (ENaC) function as the human salt taste receptor. Table salt

1001-438: A market". In the marketplace, where commodities are sold, "use value" is not helpful in facilitating the sale of commodities. Accordingly, in addition to having use value, commodities must have an "exchange value"—a value that could be expressed in the market. Prior to Marx, many economists debated as to what elements made up exchange value. Adam Smith maintained that exchange value was made up of rent , profit , labour and

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1092-510: A metaphor. Uses include the tale of how Lot's wife is turned into a pillar of salt when looking back at the cities of Sodom and Gomorrah as they are destroyed. In the New Testament , Jesus refers to his followers as the " salt of the earth ". In Aztec mythology, Huixtocihuatl was a fertility goddess who presided over salt and salt water. Salt is an auspicious substance in Hinduism and

1183-461: A mildly "fishy" or "sea-air" odour, the latter from organobromine compounds . Sediments, the proportion of which varies with the source, give the salt a dull grey appearance. Since taste and aroma compounds are often detectable by humans in minute concentrations, sea salt may have a more complex flavour than pure sodium chloride when sprinkled on top of food. When salt is added during cooking however, these flavours would likely be overwhelmed by those of

1274-522: A salt spring in Lunca , Neamț County , Romania. Evidence indicates that Neolithic people of the Precucuteni Culture were boiling the salt-laden spring water through the process of briquetage to extract salt as far back as 6050 BC. The salt extracted from this operation may have directly correlated with the rapid growth of this society's population soon after production began. The harvest of salt from

1365-504: A salty bread or to add salt to the bread if this bread is unsalted when doing Kiddush for Shabbat . It is customary to spread some salt over the bread or to dip the bread in a little salt when passing the bread around the table after the Kiddush. To preserve the covenant between their people and God, Jews dip the Sabbath bread in salt. Salt plays a role within different Christian traditions. It

1456-426: A scrubbing agent when combined with oil. Salt is present in most foods , but in naturally occurring foodstuffs such as meats, vegetables and fruit, it is present in very small quantities. It is often added to processed foods (such as canned foods and especially salted foods , pickled foods , and snack foods or other convenience foods ), where it functions as both a preservative and a flavouring . Dairy salt

1547-505: A virtually inexhaustible source of salt, and this abundance of supply means that reserves have not been calculated. The evaporation of seawater is the production method of choice in marine countries with high evaporation and low precipitation rates. Salt evaporation ponds are filled from the ocean and salt crystals can be harvested as the water dries up. Sometimes these ponds have vivid colours, as some species of algae and other micro-organisms thrive in conditions of high salinity. Away from

1638-439: A yellow colour. Folic acid helps prevent neural tube defects and anaemia, which affect young mothers, especially in developing countries. A lack of fluoride in the diet is the cause of a greatly increased incidence of dental caries . Fluoride salts can be added to table salt with the goal of reducing tooth decay, especially in countries that have not benefited from fluoridated toothpastes and fluoridated water. The practice

1729-423: Is a mineral composed primarily of sodium chloride (NaCl). When used in food, especially in granulated form, it is more formally called table salt . In the form of a natural crystalline mineral, salt is also known as rock salt or halite . Salt is essential for life in general (being the source of the essential dietary minerals sodium and chlorine ), and saltiness is one of the basic human tastes . Salt

1820-423: Is a list of companies trading globally in commodities, descending by size as of October 28, 2011. In the original and simplified sense, commodities were things of value, of uniform quality, that were produced in large quantities by many different producers; the items from each different producer were considered equivalent. On a commodity exchange, it is the underlying standard stated in the contract that defines

1911-681: Is about 10 g per day, and it is higher than that in many countries in Eastern Europe and Asia. The high level of sodium in many processed foods has a major impact on the total amount consumed. In the United States, 75% of the sodium eaten comes from processed and restaurant foods, 11% from cooking and table use and the rest from what is found naturally in foodstuffs. Because consuming too much sodium increases risk of cardiovascular diseases , health organizations generally recommend that people reduce their dietary intake of salt. High sodium intake

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2002-469: Is an important micronutrient for humans, and a deficiency of the element can cause lowered production of thyroxine ( hypothyroidism ) and enlargement of the thyroid gland ( endemic goitre ) in adults or cretinism in children. Iodized salt has been used to correct these conditions since 1924 and consists of table salt mixed with a minute amount of potassium iodide , sodium iodide , or sodium iodate . A small amount of dextrose may be added to stabilize

2093-416: Is an instrument of labour"), even though they may not be produced specifically for the market, or be non-reproducible goods. Marx's analysis of the commodity is intended to help solve the problem of what establishes the economic value of goods, using the labour theory of value . This problem was extensively debated by Adam Smith , David Ricardo and Karl Rodbertus-Jagetzow among others. All three of

2184-561: Is associated with a greater risk of stroke , total cardiovascular disease and kidney disease . A reduction in sodium intake by 1,000 mg per day may reduce cardiovascular disease by about 30 percent. In adults and children with no acute illness, a decrease in the intake of sodium from the typical high levels reduces blood pressure. A low sodium diet results in a greater improvement in blood pressure in people with hypertension . The World Health Organization recommends that adults should consume less than 2,000 mg of sodium (which

2275-420: Is contained in 5   g of salt) per day. Guidelines by the United States recommend that people with hypertension, African Americans, and middle-aged and older adults should limit consumption to no more than 1,500 mg of sodium per day and meet the potassium recommendation of 4,700 mg/day with a healthy diet of fruits and vegetables. While reduction of sodium intake to less than 2,300 mg per day

2366-419: Is dug out by the room and pillar method, where about half the material is left in place to support the upper levels. Extraction of Himalayan salt is expected to last 350 years at the present rate of extraction of around 385,000 tons per annum.The mine is also a major tourist attraction, receiving around a quarter of a million visitors a year. Salt has long held an important place in religion and culture. At

2457-693: Is either beneficial or harmful. Evidence shows a more complicated relationship between salt and cardiovascular disease. "The association between sodium consumption and cardiovascular disease or mortality is U-shaped, with increased risk at both high and low sodium intake." The findings showed that increased mortality from excessive salt intake was primarily associated with individuals with hypertension. The levels of increased mortality among those with restricted salt intake appeared to be similar regardless of blood pressure. This evidence shows that while those with hypertension should primarily focus on reducing sodium to recommended levels, all groups should seek to maintain

2548-534: Is made up of just under 40% sodium by weight, so a 6   g serving (1   teaspoon) contains about 2,400   mg of sodium. Sodium serves a vital purpose in the human body: via its role as an electrolyte, it helps nerves and muscles to function correctly, and it is one factor involved in the osmotic regulation of water content in body organs ( fluid balance ). Most of the sodium in the Western diet comes from salt. The habitual salt intake in many Western countries

2639-583: Is mandatory in the rite of the Tridentine Mass . Salt is used in the third item (which includes an Exorcism ) of the Celtic Consecration ( cf. Gallican Rite ) that is employed in the consecration of a church, and it is permitted to be added to the water "where it is customary" in the Roman Catholic rite of Holy water. The Bible makes multiple mentions of salt , both of the mineral itself and as

2730-547: Is more common in some European countries where water fluoridation is not carried out. In France , 35% of the table salt sold contains added sodium fluoride . Unrefined sea salt contains small amounts of magnesium and calcium halides and sulfates , traces of algal products , salt-resistant bacteria and sediment particles. The calcium and magnesium salts confer a faintly bitter overtone, and they make unrefined sea salt hygroscopic (i.e., it gradually absorbs moisture from air if stored uncovered). Algal products contribute

2821-409: Is mostly sodium chloride (NaCl). Sea salt and mined salt may contain trace elements . Mined salt is often refined. Salt crystals are translucent and cubic in shape; they normally appear white but impurities may give them a blue or purple tinge. When dissolved in water sodium chloride separates into Na and Cl ions, and the solubility is 359 grams per litre. From cold solutions, salt crystallises as

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2912-427: Is one of the oldest and most ubiquitous food seasonings , and is known to uniformly improve the taste perception of food, including otherwise unpalatable food. Salting , brining , and pickling are ancient and important methods of food preservation . Some of the earliest evidence of salt processing dates to around 6000 BC, when people living in the area of present-day Romania boiled spring water to extract salts;

3003-428: Is prepared by roasting salt in a bamboo container plugged with mud at both ends. This product absorbs minerals from the bamboo and the mud, and has been claimed to increase the anticlastogenic and antimutagenic properties of doenjang (a fermented bean paste). Kosher or kitchen salt has a larger grain size than table salt and is used in cooking. It can be useful for brining , in bread or pretzel making, and as

3094-435: Is recommended by developed countries, one review recommended that sodium intake be reduced to at least 1,200 mg (contained in 3   g of salt) per day, as a further reduction in salt intake led to a greater fall in systolic blood pressure for all age groups and ethnicities. Another review indicated that there is inconsistent/insufficient evidence to conclude that reducing sodium intake to lower than 2,300 mg per day

3185-543: Is refined by treatment with chemicals that precipitate most impurities (largely magnesium and calcium salts). Multiple stages of evaporation are then applied. Some salt is produced using the Alberger process , which involves vacuum pan evaporation combined with the seeding of the solution with cubic crystals, and produces a grainy-type flake. The Ayoreo , an indigenous group from the Paraguayan Chaco , obtain their salt from

3276-409: Is used as a flux in the production of aluminium . For this purpose, a layer of melted salt floats on top of the molten metal and removes iron and other metal contaminants. It is used in the manufacture of soaps and glycerine , where it is used to saponify fats. As an emulsifier, salt is used in the manufacture of synthetic rubber , and another use is in the firing of pottery , when salt added to

3367-456: Is used extensively in cooking as a flavouring, and in cooking techniques such as with salt crusts and brining . The main sources of salt in the Western diet, apart from direct use, are bread and cereals, meat, and dairy products. In many East Asian cultures, salt is not traditionally used as a condiment. In its place, condiments such as soy sauce , fish sauce and oyster sauce tend to have

3458-460: Is used in ceremonies like house-warmings and weddings. In Jainism , devotees lay an offering of raw rice with a pinch of salt before a deity to signify their devotion and salt is sprinkled on a person's cremated remains before the ashes are buried. Salt is believed to ward off evil spirits in Mahayana Buddhist tradition, and when returning home from a funeral , a pinch of salt is thrown over

3549-441: Is used in many cuisines, and it is often found in salt shakers on diners' eating tables for their personal use on food. Salt is also an ingredient in many manufactured foodstuffs. Table salt is a refined salt containing about 97 to 99 percent sodium chloride . Usually, anticaking agents such as sodium aluminosilicate or magnesium carbonate are added to make it free-flowing. Iodized salt , containing potassium iodide ,

3640-477: Is used in religious ceremonies and has other cultural and traditional significance. Salt is processed from salt mines , and by the evaporation of seawater ( sea salt ) and mineral-rich spring water in shallow pools. The greatest single use for salt (sodium chloride) is as a feedstock for the production of chemicals. It is used to produce caustic soda and chlorine , and in the manufacture of products such as polyvinyl chloride , plastics , and paper pulp . Of

3731-617: Is used in the preparation of butter and cheese products. As a flavouring, salt enhances the taste of other foods by suppressing the bitterness of those foods making them more palatable and relatively sweeter. Before the advent of electrically powered refrigeration , salting was one of the main methods of food preservation . Thus, herring contains 67 mg sodium per 100 g, while kipper , its preserved form, contains 990 mg. Similarly, pork typically contains 63 mg while bacon contains 1,480 mg, and potatoes contain 7 mg but potato crisps 800 mg per 100 g. Salt

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3822-434: Is widely available. Some people put a desiccant , such as a few grains of uncooked rice or a saltine cracker , in their salt shakers to absorb extra moisture and help break up salt clumps that may otherwise form. Some table salt sold for consumption contains additives that address a variety of health concerns, especially in the developing world. The identities and amounts of additives vary from country to country. Iodine

3913-570: The Committee on Toxicity in 1988. Other anticaking agents sometimes used include tricalcium phosphate , calcium or magnesium carbonates, fatty acid salts ( acid salts ), magnesium oxide , silicon dioxide , calcium silicate , sodium aluminosilicate and calcium aluminosilicate . Both the European Union and the United States Food and Drug Administration permitted the use of aluminium in

4004-613: The German word Salz , salt. Hallstatt was the site of the world's first salt mine . The town gave its name to the Hallstatt culture that began mining for salt in the area in about 800 BC. Around 400 BC, the townsfolk, who had previously used pickaxes and shovels , began open pan salt making . During the first millennium BC, Celtic communities grew rich trading salt and salted meat to Ancient Greece and Ancient Rome in exchange for wine and other luxuries. The word salary comes from

4095-672: The Latin word for salt. The reason for this is unknown; a persistent modern claim that the Roman Legions were sometimes paid in salt is baseless. The word salad literally means "salted", and comes from the ancient Roman practice of salting leaf vegetables . Wars have been fought over salt. Venice won a war with Genoa over the product, and it played a role in the American Revolution . Cities on overland trade routes grew rich by levying duties , and towns like Liverpool flourished on

4186-577: The brand , the user interface and the perceived quality. The demand for one type of stereo may be much larger than demand for another. The price of a commodity good is typically determined as a function of its market as a whole. Well-established physical commodities have actively traded spot and derivative markets. Soft commodities are goods that are grown, such as wheat , or rice . Hard commodities are mined . Examples include gold , silver , helium , oil , and Bitcoin . Energy commodities include electricity, gas, coal and oil. Electricity has

4277-413: The dihydrate NaCl·2H 2 O. Solutions of sodium chloride have very different properties from those of pure water; the freezing point is −21.12 °C (−6.02 °F) for 23.31 wt% of salt, and the boiling point of saturated salt solution is around 108.7 °C (227.7 °F). Salt is essential to the health of humans and other animals, and it is one of the five basic taste sensations . Salt

4368-955: The market treats instances of the good as equivalent or nearly so with no regard to who produced them. The price of a commodity good is typically determined as a function of its market as a whole: well-established physical commodities have actively traded spot and derivative markets. The wide availability of commodities typically leads to smaller profit margins and diminishes the importance of factors (such as brand name ) other than price. Most commodities are raw materials , basic resources, agricultural , or mining products, such as iron ore , sugar , or grains like rice and wheat . Commodities can also be mass-produced unspecialized products such as chemicals and computer memory . Popular commodities include crude oil , corn , gold and Bitcoin . Other definitions of commodity include something useful or valued and an alternative term for an economic good or service available for purchase in

4459-797: The obsidian trade in Anatolia in the Neolithic Era . Salt was included among funeral offerings found in ancient Egyptian tombs from the third millennium BC, as were salted birds, and salt fish. From about 2800 BC, the Egyptians began exporting salt fish to the Phoenicians in return for Lebanon cedar , glass, and the dye Tyrian purple ; the Phoenicians traded Egyptian salted fish and salt from North Africa throughout their Mediterranean trade empire. Herodotus described salt trading routes across Libya back in

4550-450: The tanning of hides, the preservation of meat and fish and the canning of meat and vegetables. Food-grade salt accounts for only a small part of salt production in industrialized countries (7% in Europe), although worldwide, food uses account for 17.5% of total production. In 2018, total world production of salt was 300 million tonnes , the top six producers being China (68 million),

4641-598: The 5th century BC. In the early years of the Roman Empire, roads were built for the transportation of salt from the salt imported at Ostia to the capital. In Africa, salt was used as currency south of the Sahara, and slabs of rock salt were used as coins in Abyssinia . The Tuareg have traditionally maintained routes across the Sahara especially for the transportation of salt by Azalai (salt caravans). The caravans still cross

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4732-467: The Latin commoditas , meaning "suitability, convenience, advantage". The Latin word commodus (from which English gets other words including commodious and accommodate ) meant variously "appropriate", "proper measure, time, or condition", and "advantage, benefit". In economics, the term commodity is used specifically for economic goods that have full or partial but substantial fungibility ; that is,

4823-502: The Lüneburg dukes, but was leased to the owners of the salt pans . Over the course of the centuries the boiling houses had to be moved several times into the surrounding villages due to the lack of fuel. All the peat in the vicinity of Sülze had already been used up and productive operation in the village itself was no longer possible. From 1673 to 1678 the boiling houses were transferred to Bornrieth Moor, where there were two salt houses and

4914-457: The UK the recommended iodine content of iodized salt is 10–22 ppm. Sodium ferrocyanide , yellow prussiate of soda, is sometimes added to salt as an anticaking agent . Such anticaking agents have been added since at least 1911 when magnesium carbonate was first added to salt to make it flow more freely. The safety of sodium ferrocyanide as a food additive was found to be provisionally acceptable by

5005-490: The United States (42 million), India (29 million), Germany (13 million), Canada (13 million) and Australia (12 million). The manufacture of salt is one of the oldest chemical industries. A major source of salt is seawater, which has a salinity of approximately 3.5%. This means that there are about 35 g (1.2 oz) of dissolved salts , predominantly sodium ( Na ) and chloride ( Cl ) ions , per kilogram (2.2 lbs) of water. The world's oceans are

5096-422: The above-mentioned economists rejected the theory that labour composed 100% of the exchange value of any commodity. In varying degrees, these economists turned to supply and demand to establish the price of commodities. Marx held that the "price" and the "value" of a commodity were not synonymous. Price of any commodity would vary according to the imbalance of supply to demand at any one period of time. The "value" of

5187-429: The annual global production of around three hundred million tonnes , only a small percentage is used for human consumption. Other uses include water conditioning processes, de-icing highways, and agricultural use. Edible salt is sold in forms such as sea salt and table salt, the latter of which usually contains an anti-caking agent and may be iodised to prevent iodine deficiency . As well as its use in cooking and at

5278-674: The ash produced by burning the timber of the Indian salt tree ( Maytenus vitis-idaea ) and other trees. The largest mine operated by underground workings in the world is the Sifto mine, located mostly 550 meters below Lake Huron, in Goderich, Ontario (Canada). About seven million tons of salt are extracted from it annually. The Khewra Salt Mine in Pakistan has nineteen storeys, eleven of which are underground, and 400 km (250 mi) of passages. The salt

5369-650: The availability of salt has been pivotal to civilization. What is now thought to have been the first city in Europe is Solnitsata , in Bulgaria , which was a salt mine, providing the area now known as the Balkans with salt since 5400 BC. Salt was the best-known food preservative, especially for meat, for many thousands of years. A very ancient salt-works operation has been discovered at the Poiana Slatinei archaeological site next to

5460-439: The brine pipeline was relaid to the newly established village of Altensalzkoth in the "Scheuer Bruch" marsh. The existing pipes were moved from Lindhorst along the river Örtze eastwards past Eversen to the salt house at Altensaltzkoth. But because the brine had to be piped over a greater distance, other problems arose. At "Zuckenberg" the brine was pumped to a height of 5 m by a water-powered pump ( Zucke ) in order to achieve

5551-639: The buyer's mentality and means. For example, milk, eggs, and notebook paper are not differentiated by many customers; for them, the product is fungible and lowest price is the main decisive factor in the purchasing choice. Other customers take into consideration other factors besides price, such as environmental sustainability and animal welfare. To these customers, distinctions such as " organic versus not" or " cage free versus not" count toward differentiating brands of milk or eggs, and percentage of recycled content or Forest Stewardship Council certification count toward differentiating brands of notebook paper. This

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5642-400: The coast natives lost their previous profits; as of the late 1950s, sea salt was still the currency best appreciated in the interior. Salzburg , Hallstatt , and Hallein lie within 17 km (11 mi) of each other on the river Salzach in central Austria in an area with extensive salt deposits. Salzach means "salt river" while Salzburg means "salt castle", both taking their names from

5733-443: The commodity markets through a commodity price index . In order to diversify their investments and mitigate the risks associated with inflationary debasement of currencies, pension funds and sovereign wealth funds allocate capital to non-listed assets such as a commodities and commodity-related infrastructure. The inventory of commodities, with low inventories typically leading to more volatile future prices and increasing

5824-404: The commodity, not any quality inherent in a specific producer's product. Commodities exchanges include: Markets for trading commodities can be very efficient , particularly if the division into pools matches demand segments . These markets will quickly respond to changes in supply and demand to find an equilibrium price and quantity. In addition, investors can gain passive exposure to

5915-399: The costs of wear and tear on the instruments of husbandry. David Ricardo , a follower of Adam Smith, modified Smith's approach on this point by alleging that labour alone is the content of the exchange value of any good or service. While maintaining that all exchange value in commodities was derived directly from the hands of the people that made the commodity, Ricardo noted that only part of

6006-444: The desert from southern Niger to Bilma , although much of the trade now takes place by truck. Each camel takes two bales of fodder and two of trade goods northwards and returns laden with salt pillars and dates. In Gabon, before the arrival of Europeans, the coast people carried on a remunerative trade with those of the interior by the medium of sea salt. This was gradually displaced by the salt that Europeans brought in sacks, so that

6097-583: The early 70s. In the 1970s as world economies grew they needed more materials and energy to support expansion leading to increases in prices across the board. This boom came to an end as foreign investments fled as extractive industries became nationalized. The most recent of commodity super cycles began in 2000 as China joined the World Trade Organization . China was also in the beginning of their boom as industry and expansion took off. Workers moved into cities as emerging industries took off and offered

6188-451: The exchange value of the commodity was paid to the worker who made the commodity. The other part of the value of this particular commodity was labour that was not paid to the worker—unpaid labour. This unpaid labour was retained by the owner of the means of production. In capitalist society, the capitalist owns the means of production and therefore the unpaid labour is retained by the capitalist as rent or as profit. The means of production means

6279-569: The export of salt extracted from the salt mines of Cheshire . Various governments have at different times imposed salt taxes on their peoples. The voyages of Christopher Columbus are said to have been financed from salt production in southern Spain, and the oppressive salt tax in France was one of the causes of the French Revolution . After being repealed, this tax was reimposed by Napoleon when he became emperor to pay for his foreign wars , and

6370-478: The food ingredients. The refined salt industry cites scientific studies saying that raw sea and rock salts do not contain enough iodine salts to prevent iodine deficiency diseases . Salts have diverse mineralities depending on their source, giving each a unique flavour. Fleur de sel , a natural sea salt from the surface of evaporating brine in salt pans, has a distinctive flavour varying with its source. In traditional Korean cuisine , so-called " bamboo salt "

6461-435: The furnace vaporises before condensing onto the surface of the ceramic material, forming a strong glaze . When drilling through loose materials such as sand or gravel, salt may be added to the drilling fluid to provide a stable "wall" to prevent the hole collapsing. There are many other processes in which salt is involved. These include its use as a mordant in textile dying, to regenerate resins in water softening, for

6552-640: The iodine. Iodine deficiency affects about two billion people around the world and is the leading preventable cause of intellectual disabilities . Iodized table salt has significantly reduced disorders of iodine deficiency in countries where it is used. The amount of iodine and the specific iodine compound added to salt varies. In the United States , the Food and Drug Administration (FDA) recommends 150 micrograms of iodine per day for both men and women. US iodized salt contains 46–77 ppm (parts per million), whereas in

6643-412: The latter two compounds. In "doubly fortified salt", both iodide and iron salts are added. The latter alleviates iron deficiency anaemia , which interferes with the mental development of an estimated 40% of infants in the developing world. A typical iron source is ferrous fumarate . Another additive, especially important for pregnant women, is folic acid (vitamin B 9 ), which gives the table salt

6734-475: The left shoulder as this prevents evil spirits from entering the house. In Shinto , Shio ( 塩 , lit. "salt" ) is used for ritual purification of locations and people ( harae , specifically shubatsu ), and small piles of salt are placed in dishes by entrances to wardi off evil and to attract patrons. Commodity In economics , a commodity is an economic good , usually a resource , that specifically has full or substantial fungibility : that is,

6825-503: The market treats their instances as equivalent or nearly so with no regard to who produced them. Karl Marx described this property as follows: "From the taste of wheat , it is not possible to tell who produced it, a Russian serf , a French peasant or an English capitalist ." Petroleum and copper are examples of commodity goods: their supply and demand are a part of one universal market. Non-commodity items such as stereo systems have many aspects of product differentiation , such as

6916-501: The market. In such standard works as Alfred Marshall 's Principles of Economics (1920) and Léon Walras 's Elements of Pure Economics ([1926] 1954) 'commodity' serves as general term for an economic good or service. The word commodity came into use in English in the 15th century, from the French commodité , "amenity, convenience". Going further back, the French word derives from

7007-656: The particular characteristic that it is usually uneconomical to store, and must therefore be consumed as soon as it is produced. Commoditization occurs as a goods or services market loses differentiation across its supply base, often by the diffusion of the intellectual capital necessary to acquire or produce it efficiently. As such, goods that formerly carried premium margins for market participants have become commodities, such as generic pharmaceuticals and DRAM chips . An article in The New York Times cites multivitamin supplements as an example of commoditization;

7098-409: The required natural slope. Leaks and regular blockages in the pipes soon meant that economical production was no longer possible. This led finally to the boiling houses being relocated back to Sülze. To overcome the continued lack of fuel locally, an improved transportation system was established, enabling peat from the surrounding areas to be delivered to Sülze. Salt In common usage, salt

7189-584: The risk of a " stockout " (inventory exhaustion). According to economist theorists, companies receive a convenience yield by holding inventories of certain commodities. Data on inventories of commodities are not available from one common source, although data is available from various sources. Inventory data on 31 commodities was used in a 2006 study on the relationship between inventories and commodity futures risk premiums. In classical political economy and especially in Karl Marx 's critique of political economy ,

7280-455: The same commodity produced by the skilled worker. Marx pointed out, however, that in society at large, an average amount of time that was necessary to produce the commodity would arise. This average time necessary to produce the commodity Marx called the "socially necessary labour time". Socially necessary labour time was the proper basis on which to base the "exchange value" of a given commodity. Commodity Super Cycles are periods of time, around

7371-467: The same commodity would be consistent and would reflect the amount of labour value used to produce that commodity. Prior to Marx, economists noted that the problem with using the "quantity of labour" to establish the value of commodities was that the time spent by an unskilled worker would be longer than the time spent on the same commodity by a skilled worker. Thus, under this analysis, the commodity produced by an unskilled worker would be more valuable than

7462-503: The sea, salt is extracted from the vast sedimentary deposits which have been laid down over the millennia from the evaporation of seas and lakes. These sources are either mined directly, producing rock salt, or are extracted by pumping water into the deposit. In either case, the salt may be purified by mechanical evaporation of brine. Traditionally, purification was achieved in shallow open pans that were heated to accelerate evaporation. Vacuum -based methods are also employed. The raw salt

7553-415: The site where the commodity is made, the raw products that are used in the production and the instruments or machines that are used for the production of the commodity. However, not all commodities are reproducible nor were all commodities originally intended to be sold in the market. These priced goods are also treated as commodities, e.g. human labour-power, works of art and natural resources ("earth itself

7644-702: The spread of civilization, salt became one of the world's main trading commodities. It was of high value to the ancient Hebrews, the Greeks, the Romans, the Byzantines, the Hittites and other peoples of antiquity. In the Middle East, salt was used to seal an agreement ceremonially, and the ancient Hebrews made a " covenant of salt " with God and sprinkled salt on their offerings to show their trust in him. An ancient practice in time of war

7735-487: The surface of Xiechi Lake near Yuncheng in Shanxi , China, dates back to at least 6000 BC, making it one of the oldest verifiable saltworks. There is more salt in animal tissues, such as meat, blood, and milk, than in plant tissues. Nomads who subsist on their flocks and herds do not eat salt with their food, but agriculturalists, feeding mainly on cereals and vegetable matter, need to supplement their diet with salt. With

7826-623: The table, salt is present in many processed foods. Sodium is an essential element for human health via its role as an electrolyte and osmotic solute . However, excessive salt consumption increases the risk of cardiovascular diseases such as hypertension . Such health effects of salt have long been studied. Accordingly, numerous world health associations and experts in developed countries recommend reducing consumption of popular salty foods. The World Health Organization recommends that adults consume less than 2,000 mg of sodium, equivalent to 5 grams of salt, per day. All through history,

7917-528: The time of Brahmanic sacrifices, in Hittite rituals and during festivals held by Semites and Greeks at the time of the new moon , salt was thrown into a fire where it produced crackling noises. The ancient Egyptians, Greeks and Romans invoked their gods with offerings of salt and water and some people think this to be the origin of Holy Water in the Christian faith. In Judaism , it is recommended to have either

8008-544: Was salting the earth : scattering salt around in a defeated city to prevent plant growth. The Bible tells the story of King Abimelech who was ordered by God to do this at Shechem , and various texts claim that the Roman general Scipio Aemilianus Africanus ploughed over and sowed the city of Carthage with salt after it was defeated in the Third Punic War (146 BC). Salt may have been used for barter in connection with

8099-506: Was accelerated on the back of widespread U.S. industrialization and World War 1. In 1917 commodity prices peaked and then entered a downtrend to the 1930s. As war erupted in Europe in the late 1930s and eventually including the U.S. the world saw a new cycle begin. Countries were not just preparing for war but also the Aftermath of World War II as lots of Europe and Asia faced heavy rebuilding. This cycle eventually peaked in 1951 and faded away in

8190-500: Was never realised, however, because a glance at the quantities of salt produced demonstrates the overwhelming supremacy of the Lüneburg Saltworks . Whilst an average of 110,000 t of salt was extracted annually in Lüneburg, Sülze generated no more than 4,000 t. In addition, the salt content of the brine in Lüneburg was up to 25% whereas in Sülze it was a mere 5% and thus barely economical. The right to extract salt lay with

8281-456: Was not finally abolished until 1946. In 1930, Mahatma Gandhi led a crowd of 100,000 protestors on the "Dandi March" or " Salt Satyagraha ", during which they made their own salt from the sea as a demonstration of their opposition to the colonial salt tax . This act of civil disobedience inspired numerous Indians and transformed the Indian independence movement into a national struggle. Salt

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