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In an economic race to the finish, the general thinking could be that competition continues until one economy crashes and is completely destroyed. But the most probable idea is that in an economic race to the finish, the "finish" is a point where one economy completely dominates the other one or other ones. If one economy dominates all others to the point of destruction, the "winning" economy will lose customers because those other economies will not be able to buy the goods and services of the "winner" of the competition. Destroying economies only makes sense from a political or military point of view. Weakening an economy to the point it collapses opens the door for some kind of major shift in (or the subversion of) its governance, or for a military takeover.

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16y ago

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