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What is the circular economy?

The circular economy is a term that is used to describe a sustainable economic system. In a traditional linear economy, natural resources are extracted, used to create products, and then disposed of as waste. In a circular economy, resources are used over and over again, and waste is minimized or eliminated.



The circular economy is often compared to the traditional linear economy, which is based on a "take, make, dispose" model. In the linear economy, natural resources are extracted, used to create products, and then disposed of as waste. In the circular economy, resources are used over and over again, and waste is minimized or eliminated. The circular economy is a more sustainable option because it reduces the amount of waste that is produced, and it keeps natural resources in use for longer periods of time.



There are many different ways to put the circular economy into practice. One example is using recycled materials to create new products. Another example is designing products so that they can be reused or recycled at the end of their life. And finally, businesses can adopt policies and practices that encourage customers to return used products so that they can be refurbished or recycled.


The circular economy is a promising solution to the environmental problems caused by the traditional linear economy. By adopting circular economy practices, businesses can reduce waste, keep natural resources in use for longer, and create a more sustainable economy.

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