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

Part of Read American Democracy by Attainment



Deeper Dive

Learn more about competition.








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