Gresham's Law states that bad products will drive out good products in a market.

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Gresham's Law, also known as the "law of bad money drives out good," applies to currency and states that when two forms of currency are in circulation at the same time, people will hoard the more valuable one and spend the less valuable one. This causes the less valuable currency to circulate more widely, while the more valuable currency is taken out of circulation.

Gresham's Law States That Bad Products Will Drive Out Good