Importance or function of competition Competition plays an important role in social life. Competition performs a number of useful functions in society. Some of them may be noted here
1. Source of motivation: Competition is a source of motivation for the individuals. It makes the individual to show his ability and express the talent. It increases individual efficiency.
2. Assigns statuses to the individuals: Competition assigns individuals their respective place in the social system. Social status and competition are always associated. Some people complete with others to retains their status, other complete to enhance their status.
3. Provides for new experiences: As Ogbum and Nimkoff has pointed the individuals better opportunities to satisfy their desires for new experiences and recognition. As far as the group is concerned competition means experimental charge.
4. Competition contributes to Socio-economic progress: Fair Competition is conductive to economic as well as social progress. It even contributes to general welfare because it spurns individuals and groups on to exert their best efforts. When the Competition is directed to promote the general interests of community as a whole, it can bring about miraculous results.
5. Provides for social mobility: As far as the individual is concerned. Competition implies mobility and freedom. The spirit of Competition helps the individual to improve his social status.
