Gemeinsames Audio

eople compete for jobs and companies compete for customers in a market economy. Scarce resources, including skilled labour, such as that provided by a software engineer, or a financial asset, such as a share in a successful company, will have a high value. In a market economy, competition means that lesser skilled software engineers and shares in unsuccessful companies will be much cheaper. Ultimately, competition could bring about the collapse of the unsuccessful company, and result in the less