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Investments glossary

Race to the Bottom


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Quotes of the day:

The GOLD in Golden years was identified by the sight impaired. It is actually Rust!!

— Jenny Flowers Strother

The race to the bottom refers to a competitive state where a company, state or nation attempts to undercut the competition’s prices by sacrificing quality standards or worker safety, defying regulations, or paying low wages. A race to the bottom can also occur among regions. For example, a jurisdiction may relax regulation and compromise the public good in an attempt to attract investment, for example, the building of a new factory or corporate office.

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