Answer :

Final answer:

Economy can be achieved through efficient allocation of resources and promoting market competition.


Explanation:

Economy refers to the system by which goods and services are produced, distributed, and consumed within a society. Achieving economy can be done through efficient allocation of resources and promoting market competition.

Efficient allocation of resources ensures that resources are utilized in a way that maximizes output without waste. Market competition drives efficiency and innovation, leading to better products and services.


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