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Step2247 [10]
3 years ago
9

Explain all the ways competition has an impact on the market

History
1 answer:
Fiesta28 [93]3 years ago
6 0

The competition on the market is something that has very positive impact on the consumers, but also on the whole world as a whole. When there is competition, the companies are producing products of higher quality in order to get advantage. Not just that the quality is improved, but also the prices go lower, so that the advantage can be even greater. The companies also have to be very creative and constantly come up with innovations so that they can be a step in front of the competition. This results in products of higher quality, cheaper, and constantly having new attractive products on the market.

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According to the Preamble, where does the power for government come from?
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Who was the French hero who led the nation to several battlefield victories during The Hundred Year's War and
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St. Joan of Arc.

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Why was the Pony Express no longer needed?
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3 years ago
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3 years ago
Although the Dakota Territory was organized in 1861, the population was quite small, and the majority of the population were Ame
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New states were added, population grew in the territories, and cattle-ranching industry grew.

The Homestead Act provided a reward and reason for settlers to move West. With expanding population in the East, the West offered more space and cheap land. Many white immigrants moved West, willing to take the risk of settlement. This population increase caused more innovation in the West as well as an expansion of States in the Union. 
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