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Within Capitalism, there are many businesses who sell similar products. If one company were to raise their prices of their products higher than another company, then people would buy the products of the company who kept their prices lower. So, companies are forced to keep their prices low so that people will continue to but their products. In short, competition is what keeps prices low in capitalism.
What else can I help you with?
Which is the main component of sand?
which mineral is the main component of sand
Is capitalism an ideology?
Sure capitalism is based on a set of ideas = ideology. The main IDEAS behind capitalism are the closely connected 'inflation' and 'infinite growth'
Is the office ribbon the main component of the Office 2007 interface?
Yes, it is a main component.
What the component of glass?
silica is the main component of glass
What is the main component of majboos?
A spiced rice and meat dish from Middle East, is the main component of majboos.
What is the main chemical in biofuel?
The main component is ethanol.
What is the main hydrocarbon component of natural gas?
The main hydrocarbon component of natural gas is methane (CH4).
What are three main economic systems of the world?
Communism, capitalism, and socialism.capitalism
What is the main component in ceramic?
The main component when making anything ceramic is that you use clay to make the piece and then you fire it in a kiln.
What is the Main component of the bones and teeth?
The main component of bones and teeth is calcium. This is why it is recommended that you get a lot of milk and dairy.
Why does the main circuit breaker keep tripping?
The main circuit breaker keeps tripping because there is an overload of electrical current flowing through the circuit, which can be caused by too many appliances running at once, a short circuit, or a faulty electrical component.
What is the main component of biogas and natural gas?
The main component of biogas and natural gas is methane. Methane is a colorless and odorless gas that is the primary component responsible for their flammability.
