How did the industrialization become a competitive process?

Industrialization became a competitive process as businesses sought to maximize efficiency and reduce costs in order to gain market share. Innovations in technology, such as the steam engine and mechanized production, enabled companies to produce goods faster and cheaper than their rivals. Additionally, the rise of capitalism encouraged a culture of competition, where firms competed for resources, labor, and consumers, ultimately driving economic growth and technological advancement. This competitive environment fostered continuous improvement and innovation, as companies strived to outdo each other in productivity and profitability.