competition

Each business works to get people to prefer their goods over those sold by another business, by offering a better price or better product



Word Structure

kahm-puh-TIH-shun

Sentence Examples

Competition gives consumers a choice.

Competition may lower prices.

Competition may lead to innovation.

Semantic Relatives

Capitalism

Economy

Free Enterprise



Textbook

Explore American Democracy Chapter 11 by Attainment

Deeper Dive

Learn more about competition.








sedso by ignite