THE ESSENCE OF COMPETITION AND THE FORCES THAT MOVE IT

https://doi.org/10.5281/zenodo.13968914

Authors

  • Bozorboyev Diyorbek Po‘lat o‘g‘li Student of Jizzakh branch of the National University of Uzbekistan Author

Keywords:

competition, market economy, supply and demand, resource, innovation

Abstract

Competition is an integral part of economic relations and is of great importance in the development of market mechanisms. It provides increased quality of products and services, price stabilization, innovation development and overall economic growth. This article analyzes the essence of competition, the main forces that cause its formation, as well as its role in the market economy and related areas.

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Published

2024-10-03

How to Cite

Bozorboyev, D. (2024). THE ESSENCE OF COMPETITION AND THE FORCES THAT MOVE IT: https://doi.org/10.5281/zenodo.13968914. Journal of Contemporary World Studies, 2(7), 74-77. https://bestjournalup.com/index.php/jcws/article/view/486