경쟁력
The ability of a person, company, or country to compete effectively in a given market or field. It refers to having a comparative advantage over others in terms of quality, price, or skills.
Examples
3 of 5그 회사는 가격 경쟁력이 높아서 시장 점유율이 빠릅니다.
That company has high price competitiveness, so its market share is growing fast.
개인의 경쟁력을 높이기 위해 끊임없이 자기계발을 해야 합니다.
To increase individual competitiveness, one must constantly engage in self-development.
요즘은 실력이 곧 경쟁력이야.
These days, skill is competitiveness itself.
Word Family
Memory Tip
Think of '력' as 'power.' Competitiveness is your 'competition power.'
Quick Quiz
수출을 늘리려면 제품의 가격 ______을/를 높여야 한다.
Correct!
The correct answer is: 경쟁력
Examples
그 회사는 가격 경쟁력이 높아서 시장 점유율이 빠릅니다.
businessThat company has high price competitiveness, so its market share is growing fast.
개인의 경쟁력을 높이기 위해 끊임없이 자기계발을 해야 합니다.
formalTo increase individual competitiveness, one must constantly engage in self-development.
요즘은 실력이 곧 경쟁력이야.
informalThese days, skill is competitiveness itself.
국가 경쟁력 강화를 위한 정책적 뒷받침이 필요합니다.
academicPolicy support is needed to strengthen national competitiveness.
신제품의 경쟁력을 어떻게 평가하시나요?
everydayHow do you evaluate the competitiveness of the new product?
Word Family
Common Collocations
Common Phrases
경쟁력이 있다
to be competitive
글로벌 경쟁력
global competitiveness
경쟁력 제고
enhancing competitiveness
Often Confused With
Usage Notes
Frequently used in economic reports and business presentations to describe a company's standing or a student's employability.
Common Mistakes
Learners often confuse it with '경쟁' (competition). Remember that '력' means 'power' or 'force,' making it the ability to compete.
Memory Tip
Think of '력' as 'power.' Competitiveness is your 'competition power.'
Word Origin
From Sino-Korean 競爭 (competition) + 力 (power).
Grammar Patterns
Cultural Context
In Korea's highly competitive society, 'competitiveness' is a key concept in education and career building.
Quick Quiz
수출을 늘리려면 제품의 가격 ______을/를 높여야 한다.
Correct!
The correct answer is: 경쟁력
Related Vocabulary
More economy words
확장하다
B1To expand means to increase in size, range, or amount. It often refers to business growth, physical space, or the scope of an idea.
편중되다
B2To be leaned or biased towards one side; to be disproportionately concentrated in one area or group.
교환
B1The act of giving something and receiving something else of the same kind in return.
도약하다
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종속되다
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증대
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낙후되다
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상회하다
B1To exceed or go above a certain number, level, or standard.
소득
B1Money received, especially on a regular basis, for work or through investments; income or earnings.
예산
B1A plan of how to spend money over a particular period of time. It can refer to a personal, corporate, or government financial plan.
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