Competition

Competition refers to the rivalry between individuals, groups, or organizations aiming to achieve a common goal that cannot be shared, such as winning a race, acquiring resources, or gaining market dominance. In economics, it typically describes the situation where multiple businesses vie for the same customers or market share, which can drive innovation, reduce prices, and enhance product quality. In biological contexts, competition can refer to the struggle among organisms for limited resources such as food, space, and mates, influencing natural selection and species evolution. Overall, competition is a fundamental concept across various domains, shaping behaviors, strategies, and interactions.