Answer:Competitive equilibrium is achieved when profit-maximizing producers and utility-maximizing consumers settle on a price that suits all parties. At this equilibrium price, the quantity supplied by producers is equal to the quantity demanded by consumers.
Explanation:
In Germany, people would refer to it as "Drittes Reich", which is translated in English to "Third Reich" - and I think this is the answer you are looking for, it's very widely used.
Reich means "Empire" , so it could also be translated to the "third empire" but this is not usual.