Question

________ is the shift from people making their own fun to people purchasing it as goods and services.

Answer 1

The commodification of recreational activities is the shift from people making their own fun to people purchasing it as goods and services.

What is commodification?

This is when values are assigned to objects or things which are previously meant for fun. Commodification occurs when something that used to have intrinsic value gradually develops a monetary value like water, or sunshine, or knowledge as an example.

Here, human and socio cultural value are converted into market value which also applies to goods, services, ideas, and other forms and products.

Commodification provides benefit to a business environment which includes opportunities for developing new products and services inorder to meet ever changing customer needs and demand.

Learn more about commodification here: brainly.com/question/13235742

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