ELI5: Explain Like I'm 5

Competition

Competition is when two or more people, groups, or things try to do the same thing. For example, if two people are playing a game, they are competing to see who can score the most points or who can finish the game the fastest. Companies often compete to get more customers than their competitors, or to make better products. Competition can be healthy, because it encourages people and companies to work hard and be the best.