Competition is a major necessity in American society. It is what fuels us toward advancement in technology. Competition helps to prevent against a stagnant society. We would not have many different choices of goods and services without competition. Overall, competition is beneficial to our everyday lives. Companies are always pushing each other by creating more efficient products. For example, if modern smartphone companies never competed against each other our current technology wouldn’t be as advanced. Competition is necessary for the evolution of our technology. If technology does not advance or advances too slow our society will become stagnant. This will cause some major issues as the human race relies on advancements in technology.
