Rational Competition -- Institutional Deficiencies and Adjustments in the Market Economy

Author: Sun Tianfa
Publisher:
Publish Date: 1999-11-01
Features: The free competition in a market economy stems from the shortage of supply and inconvenient communication. The circulation of goods and the regulation of social and social production are closely related to the communication conditions among people. Science and technology are not only the most important driving force for human development but also the key to enterprises gaining a competitive advantage. Rational competition aims to improve people's income level. Rational competition can liberate the owners of capital from excessive competition. Rational competition is an effective way to ensure the safety of their funds. The free competition in a market economy stems from the shortage of supply and inconvenient communication. The circulation of goods and the regulation of social and social production are closely related to the communication conditions among people. Science and technology are not only the most important driving force for human development but also the key to enterprises gaining a competitive advantage. Rational competition aims to improve people's income level. Rational competition can liberate the owners of capital from excessive competition. Rational competition is an effective way to ensure the safety of their funds.