[Answer] What is the struggle among varioud producers for the consumer’s business called?

Answer: competition
What is the struggle among varioud producers for the consumer’s business called?

The economy of Canada is a highly developed mixed economy. It is the 9th largest GDP by nominal and 15th largest GDP by PPP in the world. As with other developed nations the country’s economy is dominated by the service industry which employs about three quarters of Canadians. Canada has the third highest total estimated value of natural resources valued at US$33.2 trillion in 2019.

An oligopoly (from Greek ὀλίγος oligos “few” and πωλεῖν polein “to sell”) is a market form wherein a market or industry is dominated by a small group of large sellers (oligopolists). Oligopolies can result from various forms of collusion that reduce market competition which then leads to higher prices for consumers and lower wages for the employees of oligopolies.

Capitalism – Wikipedia

Oligopoly – Wikipedia

Oligopoly – Wikipedia

Oligopoly – Wikipedia

Rastafari also known as the Rastafari movement or Rastafarianism is a religion that developed in Jamaica during the 1930s. It is classified as both a new religious movement and a social movement by scholars of religion.There is no central authority in control of the movement and much diversity exists among practitioners who are known as Rastafari Rastafarians or Rastas.

Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. Central characteristics of capitalism include capital accumulation competitive markets a price system private property and the recognition of property rights voluntary exchange and wage labor. In a capitalist market economy decision-making and investments are …

Dan Irvin Rather Jr. (/ ˈ r æ ð ər /; born October 31 1931) is an American journalist and former national evening news anchor.Rather began his career in Texas becoming a national name after his reporting saved thousands of lives …

Leave a Reply