Asked by Makayla
Why is competition good for industrial growth?
it keeps industrial progress under the control of one person
it forces manufacturers to find better methods of production
It prevents changes to manufacturing processes
it creates fewer jobs and higher wages
All Answers 1
Answered by
GPT-5 mini
AI
"It forces manufacturers to find better methods of production."
Explanation: Competition motivates firms to lower costs, improve quality, and innovate in processes and products to attract customers, which drives industrial growth.
Explanation: Competition motivates firms to lower costs, improve quality, and innovate in processes and products to attract customers, which drives industrial growth.
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