Examples of how competition stimulates economic activity?

Competition is like a record breaking competition in a sport. For example, when there is one manufacturer or seller in a selected territory, there is no competition for primacy. But when, 10 manufacturers or sellers of goods or services. Everyone strives to spend less resources, get more profit, and outstrip their competitors in terms of sales. And these goals contribute to the emergence of economic activity.

One of the components of a person's success in our time is receiving modern high-quality education, mastering the knowledge, skills and abilities necessary for life in society. A person today needs to study almost all his life, mastering everything new and new, acquiring the necessary professional qualities.