There can be economy only where there is efficiency.

Summary

This quote highlights the relationship between economy and efficiency. It suggests that in order to achieve an economic system, efficiency is a necessary factor. In other words, in order to minimize waste, maximize productivity, and reduce costs, efficiency must be prioritized. Without efficiency, resources can be squandered, leading to inefficiency and higher expenses. Therefore, this quote emphasizes the importance of efficiency in creating and maintaining an economical environment.

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