for profit college definition During the depression, the rate of interest reduction, the expansion of money supply, stimulate economic development. During the expansion period, the interest rate increases, the money supply is reduced, and the economic development is suppressed. So, interest rates have a big impact on our lives. What I like best about this restaurant is its ambience as well as food. The restaurant is often a delight and is a fabulous space. I love the fact the restaurant has the most effective chefs. Michelin restaurant is really a space for fine dining. The restaurant is about great food, great gentry and great ambience. 1. Industrial age Competition refers to the economic subject in order to maintain and expand their own interests and take all sorts of behavior, the behavior of self-protection and expansion efforts in product quality, price and service advantages, varieties, etc. Not only can consumers have more choices in the price, variety and service of commodities, but also make it better for enterprises to purchase production factors and sales products. Full market competition will make economic activity full of vigor and vitality.