yóu
jìng
zhēng

technical
economics

Meaning of 自由竞争

自由竞争 means free competition; unrestricted competition between commodity producers in production and sales. Pronounced zì yóu jìng zhēng.

  • free competition; unrestricted competition between commodity producers in production and sales

Definitions & Examples

yóu
jìng
zhēng
rán
yǐn
shēng
chǎn
zhōng
 

Free competition inevitably leads to the concentration of production.

Zài
yóu
jìng
zhēng
jiē
duàn
 
jià
yóu
shì
chǎng
gōng
qiú
guān
jué
dìng
 

During the stage of free competition, prices are determined by market supply and demand.

yóu
jìng
zhēng
zuì
zhōng
huì
dǎo
zhì
lǒng
duàn
de
xíng
chéng
 

Free competition eventually leads to the formation of monopolies.