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72-575: The World Masters Games is an international multi-sport event held every four years which, in terms of competitor numbers, has developed into the largest of its kind. Governed by the International Masters Games Association (IMGA), the World Masters Games is open to sports people of all abilities and most ages – the minimum age criterion ranges between 25 and 35 years depending on the sport. Auckland , New Zealand hosted

144-575: A process. It is a process of rivalry between firms (or consumers) intensifying selective pressures for improvements. One can restate this as a process of discovery. Three levels of end-state economic competition have been classified: In addition, companies compete for financing on the capital markets (equity or debt) in order to generate the necessary cash for their operations. Investor typically consider alternative investment opportunities given their risk profile, and not only look at companies just competing on product ( direct competitors ). Enlarging

216-410: A ball, or defending territory on a playing field is not an innate biological factor in humans. Athletes in sports such as gymnastics and competitive diving compete against each other in order to come closest to a conceptual ideal of a perfect performance, which incorporates measurable criteria and standards which are translated into numerical ratings and scores by appointed judges. Sports competition

288-476: A combination of both. People that enjoy entering competitions are known as compers. Many philosophers and psychologists have identified a trait in most living organisms which can drive the particular organism to compete. This trait, called competitiveness, is viewed as having a high adaptive value , which coexists along with the urge for survival. Competitiveness, or the inclination to compete, though, has become synonymous with aggressiveness and ambition in

360-602: A common goal which cannot be shared: where one's gain is the other's loss (an example of which is a zero-sum game ). Competition can arise between entities such as organisms, individuals, economic and social groups, etc. The rivalry can be over attainment of any exclusive goal, including recognition . Competition occurs in nature, between living organisms which co-exist in the same environment . Animals compete over water supplies, food, mates, and other biological resources . Humans usually compete for food and mates , though when these needs are met deep rivalries often arise over

432-481: A decision. Sigmund Freud explained competition as a primal dilemma in which all infants find themselves. The infant competes with other family members for the attention and affection of the parent of the opposite sex or the primary caregiving parent. During this time, a boy develops a deep fear that the father (the son's prime rival) will punish him for these feelings of desire for the mother, by castrating him. Girls develop penis envy towards all males. The girl's envy

504-432: A deliberate system of internal brand-versus-brand rivalry. The company was organized around different brands , with each brand allocated resources, including a dedicated group of employees willing to champion the brand. Each brand manager was given responsibility for the success or failure of the brand, and compensated accordingly. Most businesses also encourage competition between individual employees. An example of this

576-978: A footrace and the number of sporting competitions expanded at later editions. There were several other "games" held in Europe in the classical era : Other multi-sport festivals emerged in the Middle Ages in Europe, including the Cotswold Olimpick Games in England in the 1600s, the Highland Games in Scotland , and the Olympiade de la République in France in the 1800s. In the late 19th and early 20th century, athletes at multi-sport events were almost exclusively male. As international women's sport began to develop, events such as

648-399: A game of basketball , two teams compete against one another to determine who can score the most points. When there is no set reward for the winning team, many players gain a sense of pride . In addition, extrinsic rewards may also be given. Athletes, besides competing against other humans, also compete against nature in sports such as whitewater kayaking or mountaineering , where the goal

720-581: A given market. The two academic bodies of thought on the assessment of competitiveness are the Structure Conduct Performance Paradigm and the more contemporary New Empirical Industrial Organisation model. Predicting changes in the competitiveness of business sectors is becoming an integral and explicit step in public policymaking. Within capitalist economic systems, the drive of enterprises is to maintain and improve their own competitiveness. One-upmanship , also called "one-upsmanship",

792-415: A high level of agency thrive on competition, are self-motivated, and are willing to risk failure. Compared to their counterparts who are low in agency, these students are more likely to be flexible, adaptable and creative as adults. Merriam-Webster gives as one definition of competition (relating to business ) as "[...] rivalry: such as [...] the effort of two or more parties acting independently to secure

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864-603: A means for aspiring writers to gain recognition. Awards for fiction include those sponsored by the Missouri Review , Boston Review , Indiana Review , North American Review and Southwest Review . The Albee Award, sponsored by the Yale Drama Series, is among the most prestigious playwriting awards. Margaret Heffernan 's study, A Bigger Prize , examines the perils and disadvantages of competition in (for example) biology, families, sport, education, commerce and

936-630: A selected group of athletes, rather than everybody, which was the case with the Olympic Games. The Soviets organized the first Spartakiad in 1920, a communist alternative to the 'bourgeois' Olympic Games, and in 1922 the University Olympia was organizedor in Italy , the forerunner of the World University Games , meant for students only. Regional games were another kind of multi-sport event that

1008-498: A simple concept to measure heights that firms can climb may help improve execution of strategies. International competitiveness can be measured on several criteria but few are as flexible and versatile to be applied across levels as Trade Competitiveness Index (TCI) The tendency toward extreme, unhealthy competition has been termed hypercompetitiveness . This concept originated in Karen Horney 's theories on neurosis ; specifically,

1080-600: A wide array of economic phenomena and approaches, such as auctions , bargaining , mergers & acquisitions pricing, fair division , duopolies , oligopolies , social network formation, agent-based computational economics , general equilibrium , mechanism design , and voting systems ; and across such broad areas as experimental economics , behavioral economics , information economics , industrial organization , and political economy . This research usually focuses on particular sets of strategies known as "solution concepts" or "equilibria" . A common assumption

1152-402: Is a contest between sales representatives. The sales representative with the highest sales (or the best improvement in sales) over a period of time would gain benefits from the employer. This is also known as intra-brand competition . Shalev and Asbjornsen found that success (i.e. the saving resulted) of reverse auctions correlated most closely with competition. The literature widely supported

1224-429: Is a free entry lottery run to promote goods or services supplied by a business. An example is where you purchase goods or services and then given the chance to enter into the lottery and possibly win a prize. A trade promotion lottery can be called a lotto, competition, contest, sweepstake, or giveaway. Such competitions can be games of luck (randomly drawn) or skill (judged on an entry question or submission), or possibly

1296-442: Is a major factor in education. On a global scale, national education systems, intending to bring out the best in the next generation, encourage competitiveness among students through scholarships . Countries such as England and Singapore have special education programmes which cater for specialist students, prompting charges of academic elitism . Upon receipt of their academic results, students tend to compare their grades to see who

1368-452: Is also found in trade . For nations, as well as firms it is important to understand trade dynamics in order to market their goods and services effectively in international markets. Balance of trade can be considered a crude, but widely used proxy for international competitiveness across levels: country , industry or even firm . “We share a common belief that innovation comes from the edges,” said Luisa Delgado, an SAP HR director, who noted

1440-489: Is better. In severe cases, the pressure to perform in some countries is so high that it can result in stigmatization of intellectually deficient students, or even suicide as a consequence of failing the exams. Critics of competition as a motivating factor in education systems, such as Alfie Kohn , assert that competition actually has a net negative influence on the achievement levels of students, and that it "turns all of us into losers". Economist Richard Layard has commented on

1512-582: Is closely connected with the law on deregulation of access to markets, providing state aids and subsidies, the privatisation of state-owned assets and the use of independent sector regulators, such as the United Kingdom telecommunications watchdog Ofcom . Behind the practice lies the theory, which over the last fifty years has been dominated by neo-classical economics . Markets are seen as the most efficient method of allocating resources, although sometimes they fail , and regulation becomes necessary to protect

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1584-460: Is generally broken down into three categories: individual sports, such as archery ; dual sports, such as doubles tennis , and team sports competition, such as cricket or football . While most sports competitions are recreation, there exist several major and minor professional sports leagues throughout the world. The Olympic Games , held every four years, is usually regarded as the international pinnacle of sports competition. Competition

1656-416: Is mainly used in economics , political science , and psychology , as well as logic , computer science , biology and poker . Originally, it mainly addressed zero-sum games , in which one person's gains result in losses for the other participants. Game theory is a major method used in mathematical economics and business for modeling competing behaviors of interacting agents . Applications include

1728-552: Is more efficient than perfect competition . Competition, according to the theory, causes commercial firms to develop new products, services and technologies, which would give consumers greater selection and better products. The greater selection typically causes lower prices for the products, compared to what the price would be if there was no competition ( monopoly ) or little competition ( oligopoly ). However, competition may also lead to wasted (duplicated) effort and to increased costs (and prices) in some circumstances. For example,

1800-467: Is rooted in the biologic fact that, without a penis, she cannot sexually possess mother, as the infantile id demands, resultantly, the girl redirects her desire for sexual union upon father in competitive rivalry with her mother. This constellation of feelings is known as Oedipus Complex (after the Greek Mythology figure who accidentally killed his father and married his mother). This is associated with

1872-442: Is taken to be unambiguously good, even where that competition leaks into the rules of the game. He claims this drives financialisation (the approximate doubling of proportion of economic resources dedicated to finance and to 'rule making and administering' professions such as law, accountancy and auditing. Competition between countries is quite subtle to detect, but is quite evident in the world economy . Countries compete to provide

1944-581: Is that players act rationally. In non-cooperative games, the most famous of these is the Nash equilibrium . A set of strategies is a Nash equilibrium if each represents a best response to the other strategies. If all the players are playing the strategies in a Nash equilibrium, they have no unilateral incentive to deviate, since their strategy is the best they can do given what others are doing. Literary competitions, such as contests sponsored by literary journals , publishing houses and theaters, have increasingly become

2016-580: Is the art or practice of successively outdoing a competitor . The term was first used in the title of a book by Stephen Potter , published in 1952 as a follow-up to The Theory and Practice of Gamesmanship (or the Art of Winning Games without Actually Cheating) (1947). Other Lifemanship titles in his series of tongue-in-cheek self-help books , as well as film and television derivatives, teach various ploys to achieve this. This comic satire of self-help style guides manipulates traditional British conventions for

2088-460: Is to reach a destination, with only natural barriers impeding the process. A regularly scheduled (for instance annual) competition meant to determine the "best" competitor of that cycle is called a championship . Competitive sports are governed by codified rules agreed upon by the participants. Violating these rules is considered to be unfair competition . Thus, sports provide artificial (not natural) competition; for example, competing for control of

2160-458: The English language . More advanced civilizations integrate aggressiveness and competitiveness into their interactions , as a way to distribute resources and adapt. Many plants compete with neighboring ones for sunlight. The term also applies to econometrics . Here, it is a comparative measure of the ability and performance of a firm or sub-sector to sell and produce/supply goods and/or services in

2232-643: The International Paralympic Committee (IPC). Arranged for the first time in 1960 in Rome , Italy . The number of sports, initially only a few, is still growing. The first Special Olympics International Summer Games were held in Chicago , Illinois, in 1968. The most recent Special Olympics World Winter Games in Schladming, Austria involved 25 sports and approximately 2,277 athletes from 133 countries. At

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2304-649: The U.S. Department of Justice (DOJ) and the Federal Trade Commission (FTC) in the United States and the European Commission's Competition Directorate General (DGCOMP) have formed international support- and enforcement-networks. Competition law is growing in importance every day, which warrants for its careful study. Game theory is "the study of mathematical models of conflict and cooperation between intelligent rational decision-makers." Game theory

2376-518: The United States as antitrust law, has three main functions: In all three cases, competition law aims to protect the welfare of consumers by ensuring that each business must compete for its share of the market economy . In recent decades, competition law has also been sold as good medicine to provide better public services , traditionally funded by tax -payers and administered by democratically accountable governments . Hence competition law

2448-678: The Women's World Games and Olympics of Grace were held to allow women to engage in sport on the international stage. Though short-lived, events such as these led to greater inclusion of women at multi-sport events over the course of the 20th century. Although the modern tradition commemorates the 1921 revolution , the Naadam festival in Mongolia is a continuation of ancient sporting practises amongst Mongolians. The three events of wrestling, horse racing and archery are thought to date back centuries and represent

2520-621: The phallic stage of childhood development where intense primal emotions of competitive rivalry with (usually) the parent of the same sex are rampant and create a crisis that must be negotiated successfully for healthy psychological development to proceed. Unresolved Oedipus complex competitiveness issues can lead to lifelong neuroses manifesting in various ways related to an overdetermined relationship to competition. Gandhi speaks of egoistic competition. For him, such qualities glorified and/or left unbridled, can lead to violence, conflict, discord and destructiveness. For Gandhi, competition comes from

2592-695: The 2009 edition. 2017 Summer Games Sports List (28) : The Americas Masters Games is a regional multi-sport event which involves participants from the Americas region. Governed by the International Masters Games Association (IMGA), the Americas Masters Games is open to participants of all abilities and most ages – the minimum age criterion is 30 years. Participants compete for themselves, instead of their countries. There are no competition qualification requirements apart from

2664-574: The Olympic Games, organised by the International Olympic Committee (IOC) (est. 1894) for the first time in 1896 in Athens , Greece . After some celebrations (1900, 1904), the Olympics became very popular nowadays. The number of sports, initially only a few, is still growing. The Paralympic Games is the largest multi-sport event involving athletes with physical disabilities and is organized by

2736-623: The Soviet Union. Karl Marx insisted that "the capitalist system fosters competition and egoism in all its members and thoroughly undermines all genuine forms of community". It promotes a "climate of competitive egoism and individualism", with competition for jobs and competition between employees; Marx said competition between workers exceeds that demonstrated by company owners. He also points out that competition separates individuals from one another and while concentration of workers and development of better communication alleviate this, they are not

2808-444: The United Kingdom, competitions or lotto are the equivalent of what are commonly known as sweepstakes in the United States. The correct technical name for Australian consumer competitions is a trade promotion lottery or lotto. Competition or trade promotion lottery entrants enter to win a prize or prizes, hence many entrants are all in competition, or competing for a limited number of prizes. A trade promotion lottery or competition

2880-615: The age requirement and membership in that sport's governing body. The event's first edition was hosted by Vancouver , Canada from 26 August to 4 September 2016. The second edition was scheduled for 2020 in Rio de Janeiro , Brazil but was cancelled due to the COVID-19 outbreak. Multi-sport event The Ancient Olympic Games , first held in 776 BC, was the precursor to the Modern Olympic Games , although its first edition only featured

2952-629: The beginning of the 20th century, another multi-sport event, the Nordic Games were first held. These Games were held in Scandinavia , and the sports conducted were winter sports such as cross-country skiing and speed skating . The Nordic Games were last held in 1926, after which the 1924 Winter Sports Week in Chamonix was declared the first Olympic Winter Games . In the 1920s, all kinds of other multi-sport events were set up. These were usually directed for

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3024-436: The best possible business environment for multinational corporations . Such competition is evident by the policies undertaken by these countries to educate the future workforce. For example, East Asian economies such as Singapore, Japan and South Korea tend to compete by allocating a large portion of the budget to the education sector, including by implementing programmes such as gifted education . Competition law , known in

3096-425: The branch of mathematics known as game theory . Competition has been studied in several fields, including psychology , sociology and anthropology . Social psychologists , for instance, study the nature of competition. They investigate the natural urge of competition and its circumstances. They also study group dynamics , to detect how competition emerges and what its effects are. Sociologists , meanwhile, study

3168-432: The business of a third party by offering the most favorable terms". Adam Smith in his 1776 book The Wealth of Nations and later economists described competition in general as allocating productive resources to their most highly valued uses and encouraging efficiency . Later microeconomic theory distinguished between perfect competition and imperfect competition , concluding that no system of resource allocation

3240-620: The cases of a government monopoly or of a government-granted monopoly . Governments may institute tariffs , subsidies or other protectionist measures in order to prevent or reduce competition. Depending on the respective economic policy, pure competition is to a greater or lesser extent regulated by competition policy and competition law . Another component of these activities is the discovery process , with instances of higher government regulations typically leading to less competitive businesses being launched. Nicholas Gruen has referred to The Competition Delusion , in which competition

3312-465: The company may produce or develop. Competition is often considered to be the opposite of cooperation ; however, in the real world, mixtures of cooperation and competition are the norm. In economies, as the philosopher R. G. Collingwood argued "the presence of these two opposites together is essential to an economic system. The parties to an economic action co-operate in competing, like two chess players". Optimal strategies to achieve goals are studied in

3384-512: The company so that each division would compete with the other divisions. For example, the Chevrolet division would compete with the Pontiac division for some market segments . The competing brands by the same company allowed parts to be designed by one division and shared by several divisions, for example parts designed by Chevrolet would also be used by Pontiac. In 1931 Procter & Gamble initiated

3456-517: The company valued the ability of many autistic people to “think differently and spark innovation.” SAP’s Bangalore office saw its productivity increase after deploying autistic hires. The company is working closely with a Danish not-for-profit specializing in IT job placements for individuals with autism spectrum disorders." Research data hints that exporting firms have a higher survival rate and achieve greater employment growth compared with non-exporters. Using

3528-408: The effects of competition on society as a whole. Additionally, anthropologists study the history and prehistory of competition in various cultures. They also investigate how competition manifested itself in various cultural settings in the past, and how competition has developed over time. Competition within, between, and among species is one of the most important forces in biology, especially in

3600-439: The ego, and therefore society must be based on mutual love, cooperation and sacrifice for the well-being of humanity. In the society desired by Gandhi, each individual will cooperate and serve for the welfare of others and people will share each other's joys, sorrows and achievements as a norm of a social life. For him, in a non-violent society, competition does not have a place and this should become realized with more people making

3672-486: The end of which another election is usually held to determine the next holder of the office. In addition, there is inevitable competition inside a government. Because several offices are appointed, potential candidates compete against the others in order to gain the particular office. Departments may also compete for a limited amount of resources, such as for funding . Finally, where there are party systems , elected leaders of different parties will ultimately compete against

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3744-412: The event's ninth edition from 21 to 30 April 2017. Anyone can participate in the games so long as they are over the age of 35 though some sports will allow athletes who are younger than that. Participants compete for themselves – there are no country delegations. Beyond the age requirement and membership in that sport's governing body, there are no competition qualification requirements. Toronto staged

3816-408: The field of ecology . Competition between members of a species ("intraspecific") for resources such as food , water , territory , and sunlight may result in an increase in the frequency of a variant of the species best suited for survival and reproduction until its fixation within a population. However, competition among resources also has a strong tendency for diversification between members of

3888-542: The first Games for deaf athletes. The Stoke Mandeville Wheelchair Games , incepted in 1948 in England, were the first Games for wheelchair athletes. In 1960, the first Paralympic Games were held, connected with the Olympic Games . The Special Olympics World Games , for athletes with intellectual disabilities, were first held in 1968. Sports competition Competition is a rivalry where two or more parties strive for

3960-659: The first World Masters Games in 1985. Since then, World Masters Games has also taken place in Aalborg , Aarhus and Herning (1989), Brisbane (1994), Portland, Oregon (1998), Melbourne (2002), Edmonton (2005) and Sydney (2009). The Sydney 2009 World Masters Games attracted a record 28,676 competitors. This is more than double the number of competitors that took part in the Sydney 2000 Olympic Games . The Games has been popular with retired professional athletes and former Olympic competitors, with over 230 past Olympians taking part in

4032-414: The gamester. The principle being all life being a game, who understands that if you're not one-up, you're one-down. Potter's unprincipled principles apply to almost any possession, experience or situation, deriving maximum undeserved rewards and discomfitting the opposition. The 1960 film School for Scoundrels and its 2006 remake were satiric portrayals of how to use Potter's ideas. In that context,

4104-524: The harmful effects, stating "people feel that they are under a great deal of pressure. They feel that their main objective in life is to do better than other people. That is certainly what young people are being taught in school every day. And it's not a good basis for a society." However, other studies such as the Torrance Tests of Creative Thinking show that the effect of competition on students depends on each individual's level of agency . Students with

4176-515: The highly aggressive personality type which is characterized as "moving against people". In her view, some people have a need to compete and win at all costs as a means of maintaining their self-worth . These individuals are likely to turn any activity into a competition, and they will feel threatened if they find themselves losing. Researchers have found that men and women who score high on the trait of hypercompetitiveness are more narcissistic and less psychologically healthy than those who score low on

4248-573: The ideal market model. Behind the theory lies the history, reaching back further than the Roman Empire . The business practices of market traders, guilds and governments have always been subject to scrutiny and sometimes to severe sanctions. Since the twentieth century, competition law has become global. The two largest, most organised and influential systems of competition regulation are United States antitrust law and European Community competition law . The respective national/international authorities,

4320-437: The importance of competition as the primary driver of reverse auctions success. Their findings appear to support that argument, as competition correlated strongly with the reverse auction success, as well as with the number of bidders. Business and economic competition in most countries is often limited or restricted. Competition often is subject to legal restrictions. For example, competition may be legally prohibited, as in

4392-586: The intense competition for the small number of top jobs in music and movie-acting leads many aspiring musicians and actors to make substantial investments in training which are not recouped, because only a fraction become successful. Critics have also argued that competition can be destabilizing, particularly competition between certain financial institutions. Experts have also questioned the constructiveness of competition in profitability. It has been argued that competition-oriented objectives are counterproductive to raising revenues and profitability because they limit

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4464-464: The investment universe to include indirect competitors leads to a broader peer universe of comparable, indirectly competing companies. Competition does not necessarily have to be between companies. For example, business writers sometimes refer to internal competition . This is competition within companies. The idea was first introduced by Alfred Sloan at General Motors in the 1920s. Sloan deliberately created areas of overlap between divisions of

4536-422: The most important factors controlling diversity in ecological communities, but at larger scales expansion and contraction of ecological space is a much larger factor than competition. This is illustrated by living plant communities where asymmetric competition and competitive dominance frequently occur. Multiple examples of symmetric and asymmetric competition also exist for animals. In Australia, New Zealand and

4608-416: The options of strategies for firms as well as their ability to offer innovative responses to changes in the market. In addition, the strong desire to defeat rival firms with competitive prices has the strong possibility of causing price wars . Another distinction appearing in economics is that between competition as an end-state – as in the case of both perfect and imperfect competition – and competition as

4680-918: The other parties for laws , funding and power . Finally, competition also exists between governments . Each country or nationality struggles for world dominance, power, or military strength. For example, the United States competed against the Soviet Union in the Cold War for world power, and the two also struggled over the different types of government (in these cases representative democracy and communism ). The result of this type of competition often leads to worldwide tensions, and may sometimes erupt into warfare . While some sports and games (such as fishing or hiking ) have been viewed as primarily recreational, most sports are considered competitive. The majority involve competition between two or more persons (sometimes using horses or cars ). For example, in

4752-415: The personal choice to have fewer tendencies toward egoism and selfishness. Competition is also found in politics . In democracies , a free and fair election is an electoral competition for an elected office. In other words, two or more candidates strive and compete against one another to attain a position of power. The winner gains the seat of the elected office for a predefined period of time, towards

4824-465: The pursuit of wealth , power, prestige, and fame when in a static, repetitive, or unchanging environment. Competition is a major tenet of market economies and business, often associated with business competition as companies are in competition with at least one other firm over the same group of customers. Competition inside a company is usually stimulated with the larger purpose of meeting and reaching higher quality of services or improved products that

4896-461: The same species, resulting in coexistence of competitive and non-competitive strategies or cycles between low and high competitiveness. Third parties within a species often favour highly competitive strategies leading to species extinction when environmental conditions are harsh ( evolutionary suicide ). Competition is also present between species ("interspecific"). When resources are limited, several species may depend on these resources. Thus, each of

4968-399: The species competes with the others to gain access to the resources. As a result, species less suited to compete for the resources may die out unless they adapt by character dislocation, for instance. According to evolutionary theory , this competition within and between species for resources plays a significant role in natural selection . At shorter time scales, competition is also one of

5040-408: The term refers to a satiric course in the gambits required for the systematic and conscious practice of "creative intimidation", making one's associates feel inferior and thereby gaining the status of being "one-up" on them. Viewed seriously, it is a phenomenon of group dynamics that can have significant effects in the management field: for instance, manifesting in office politics . Competition

5112-409: The three most important pursuits of a strong man in nomadic society. Alongside these sporting events there are other cultural activities such as dances and parades. Since the establishment of the Olympics, most serial multi-sport events have been organized for specific audiences and participating countries or communities. These affiliations include: The first modern multi-sport event organised were

5184-728: Was established, such as the Far Eastern Championship Games (1913), the Central American and Caribbean Games (1926) or the Pan American Games (1951). The Olympic Games are still the largest multi-sport event in the world in terms of worldwide interest and importance (though no longer in participation), but several others also have significance. Other Games are intended for handicapped or disabled athletes. The International Silent Games , first held in Paris in 1924, were

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