--- title: "Meaning & Key Takeaway of: By competition the total amount of supply…" description: "\"By competition the total amount of supply is increased, and by increase of the supply a competition in the sale ensues, and this enables the consumer t..." image: "https://sms4smile.com/quotes/i/e4d/henry-clay-13771_affair_by-competition-the-total-amount-of-suppl_1731109.png" --- # By competition the total amount of supply is increased… ![“By competition the total amount of supply is increased, and by increase of the supply a competition in the sale ensues, and this enables the consumer to buy at lower rates. Of all human powers operating on the affairs of mankind, none is greater than that of competition.” quote by Henry Clay](https://sms4smile.com/quotes/i/e4d/henry-clay-13771_affair_by-competition-the-total-amount-of-suppl_1731109.png) [Download](https://sms4smile.com/quotes/i/e4d/henry-clay-13771_affair_by-competition-the-total-amount-of-suppl_1731109.png) [Open image](https://sms4smile.com/quotes/i/e4d/henry-clay-13771_affair_by-competition-the-total-amount-of-suppl_1731109.png) > “By competition the total amount of supply is increased, and by increase of the supply a competition in the sale ensues, and this enables the consumer to buy at lower rates. Of all human powers operating on the affairs of mankind, none is greater than that of competition.” [Henry Clay](https://sms4smile.com/quotes/author/henry-clay/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Competition expands supply, which drives prices down, benefiting consumers; it is a powerful force in society. **In simple terms:** More competition means lower prices for buyers. Key Takeaway Encourage healthy competition. Themes economics consumer welfare market dynamics Mood analytical optimistic Type economic political When to use this quote - Retail pricing - industrial production - government policy - consumer advocacy Key Concepts Supply and demand price mechanisms market efficiency Questions to Reflect On - How does competition affect innovation? - What limits should be placed on competition? A Different Perspective Competition can lead to monopolies if unchecked. ★ ★ ★ ★ ★ No ratings yet [Affair](https://sms4smile.com/quotes/about/affair/) [Competition](https://sms4smile.com/quotes/about/competition/) [Consumers](https://sms4smile.com/quotes/about/consumers/) [Human power](https://sms4smile.com/quotes/about/human-power/) [Humans](https://sms4smile.com/quotes/about/humans/) [Man Power](https://sms4smile.com/quotes/about/man-power/) [Mankind](https://sms4smile.com/quotes/about/mankind/) ## Related quotes > [Of all human powers operating on the affairs of mankind, none is greater than that of competition.](https://sms4smile.com/quotes/henry-clay/of-all-human-powers-operating-on-the-affairs-of-mankind-none-is/) [Henry Clay](https://sms4smile.com/quotes/author/henry-clay/) > [“Everything is not a competition. In fact, nothing is, unless we make it so. Let's stand with, not against each other. We're all bringing…](https://sms4smile.com/quotes/scott-stabile/everything-is-not-a-competition-in-fact-nothing-is-unless-we-make-it/) [Scott Stabile](https://sms4smile.com/quotes/author/scott-stabile/) > [The reforms we seek would bring greater competition, choice, savings and inefficiencies to our health care system.](https://sms4smile.com/quotes/barack-obama/the-reforms-we-seek-would-bring-greater-competition-choice-savings/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [“It is not in the power of governments to increase the supply of one commodity without a corresponding restriction in the supply of other…](https://sms4smile.com/quotes/ludwig-von-mises/it-is-not-in-the-power-of-governments-to-increase-the-supply-of-one/) [Ludwig von Mises](https://sms4smile.com/quotes/author/ludwig-von-mises/) > [Far as the government's reform agenda is concerned, a series of measures have been enacted which should increase the supply potential of the economy.](https://sms4smile.com/quotes/arun-jaitley/far-as-the-government-s-reform-agenda-is-concerned-a-series-of/) [Arun Jaitley](https://sms4smile.com/quotes/author/arun-jaitley/) > [If you think there is no action that you can perform in your current circumstances that will increase the supply of love in the…](https://sms4smile.com/quotes/martha-beck/if-you-think-there-is-no-action-that-you-can-perform-in-your-current/) [Martha Beck](https://sms4smile.com/quotes/author/martha-beck/) > [We can have the best health insurance options in the world, and people still won't get needed care if we don't increase our supply…](https://sms4smile.com/quotes/jeff-merkley/we-can-have-the-best-health-insurance-options-in-the-world-and-people/) [Jeff Merkley](https://sms4smile.com/quotes/author/jeff-merkley/) > [I have never thought, for my part, that man's freedom consists in his being able to do whatever he wills, but that he should…](https://sms4smile.com/quotes/jean-jacques-rousseau/i-have-never-thought-for-my-part-that-man-s-freedom-consists-in-his/) [Jean-Jacques Rousseau](https://sms4smile.com/quotes/author/jean-jacques-rousseau/) > [“New religionists, such as Williams, Dawkins, and Wilson, regard people and all other organisms as the helpless puppets, tools, or vehicles, of hidden purposive…](https://sms4smile.com/quotes/david-c-stove/new-religionists-such-as-williams-dawkins-and-wilson-regard-people/) [David C. 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