The above statement is False.
Further Explanation:
The above-mentioned statement is the definition of cooperation. Competition occurs when two or more than two people or groups are in opposition and oppose each other which the only one can achieve. It's all about achieving and attaining the goal. It is the main fundamental feature of the capitalist economic system and also of democratic government. It follows certain rules of conduct.
Competition is considered as an activity or condition in striving to win something by defeating others. It establishes superiority in any particular area. Here, a goal cannot be shared between the parties, one has to gain and others have to lose. It is a form of rivalry between the groups. There is competition associated with the business.
It ensures a higher quality of services. Competition is the opposite of cooperation. Competition is studied in various fields like anthropology, psychology and sociology. Their focus is on group dynamics. Some study effects of competition on society, some on history and culture.
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Answer Details:
Grade: High School
Topic: Competition
Subject: Social Science
Keywords:
Opposition, capitalist economic system, democratic government, rules of conduct, superiority, rivalry, group dynamics.
