Competition is racing to the finish line, scoring Essays - Economy

Competition is racing to the finish line, scoring Essays - Economy Competition is racing to the finish line, scoring the game winning shot, or winning the face-off. It is beneficial to the world's economy, politics, education, and athletics. Lighting the fire in people, competition makes them produce faster and at a higher quality. If competition did not exist, there would be no desire for people to produce in a timely manner or at a high quality. Competition has benefits that can be seen in our economy, or in schools and public places of work. Many historic events prove the benefits of competition, such as imperialism. Imperialism showed competition between the world powers to claim parts of Africa or Asia to benefit their economy. Many of the tools we have today such as the printing press, atomic bomb, and the Apple Watch came as a result of the fierce competition that the American society faces. Countries like China and Russia already have modern technologies constantly challenging the United States by making products to improve their society to remain a world power. Americans are required to make new innovations to combat their success. In addition, sports create an enormous amount of profit that benefit the economy. Sports leagues such as the NBA and the NFL account for a large amount of income due to their competitive aspect and high attendance. Competition encourages humans to reach their highest potential. Successes like the winning of the Super Bowl could not be accomplished without the drive of competition. The desire to be the best gives companies and businesses motivation to produce better products. For example, in a socialist society where competition is not present, workers lose motivation to work. Since wealth is dispersed evenly over citizens in a socialist society, no one has a chance of economic growth or decline. As a result, no matter the quality of work, all people receive the same pay for their jobs. No athletes would be able to compete at world level because there would be no opposing team to beat. In conclusion, competition pushes people to their maximum potential . Competition is a driving force in today's society and economy; however, not everybody agrees that it is a beneficial aspect to life. Those who feel that all competitors should win end up creating an anti-competitive society. All sports contests, such as the Olympics or the Superbowl, become a null point when there is no competition. Additionally, when everyone participating wins an award, the belief of self-entitlement is instilled. The belief of always getting what he or she wants is non-beneficial to anyone because in the real world, not everybody wins. If children are not exposed at a younger age, when they are adults, they will be hurt more when suffering loss. As well as some people not liking competition in sports, not everybody agrees that competition is important for the economy. In reality, competition is the most needed aspect of the economy. Nothing would get done or improve if companies did not compete for customers. The drive to be the best is why companies improve the standards of products and work to find more efficient ways to make them. Lastly, there are people who claim that competition brings out the worst in people. While some people react and behave negatively during competition, the statement that competition brings out the worst in people is subjective. World records, new inventions, and improved products are all results of people working to be the best. If these great achievements come from competition, can it really be that bad of a character trait? Competition is beneficial to the world's economy, politics, education, and athletics. It lights the fire in people, and drives them to produce better quality products at a faster pace. If there was no competition, there would be no desire to produce at a rapid pace or at a higher quality. Competition is seen in our economy, politics, in our education systems, and in our places of work. Many historical events show the benefits of competition, such as imperialism or the moon landing. Although some people see competition as a bad thing, it has many good aspects as well. Without competition, our world would not be the same and nothing would improve because