Competition

Competition refers to the rivalry between individuals or groups for access to limited resources, opportunities, or rewards. In economics, it often describes the struggle between companies or firms to attract customers and gain market share, which can drive innovation and improve products or services. In biological contexts, competition occurs within or between species as they compete for resources like food, habitat, or mates. In sports and other activities, competition involves participants striving against each other to achieve victory or a higher rating. Overall, competition is a fundamental aspect of various fields that can lead to progress, adaptation, and differentiation as entities seek to improve and succeed in their pursuits.