Post
Topic
Board Economics
Re: The economy is about competition
by
Baki202
on 29/08/2025, 12:42:53 UTC
The whole world is moving forward in a competitive manner, if you keep yourself behind you are financially lagging behind. If you want to participate in any profitable project, then before that you have to move forward according to the plan, such as whether your capital can carry out your business strategy with the amount of money you have or you have to borrow. Some banks are ready to give you a loan to start a business, so you should consider whether you have the available amount of collateral. Without taking a loan you may not be able to properly set up a big project. The market competition will try to crush you so you have to maintain the quality of the product and take a strategy to supply it at a low price according to the demand.

And the way the world is moving forward, everything is becoming more difficult for people because most of these improvements people cannot even afford, so what is the essence? And it is now as if what we are seeing in the movies is beginning to happen in real life, because what is all this, and where are all these expenses coming from? And instead of life getting better, it is getting worse, and we are losing more than we are gaining, that the most annoying thing. The economy is just not friendly, and inflation is hitting everyone. And even businesses are being affected, and people need enough funds to even enjoy their business, and aside from the competition, there are plenty of factors that will just affect the business one way or another, so planning is very important so that the business will not crumble.