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Circular Economy

Business and Management

The circular economy is an economic model aimed at eliminating waste by keeping materials and products in use through reuse, repair, refurbishment, and recycling, in contrast to the traditional linear 'take-make-dispose' model. It is pursued by businesses, policymakers, and sustainability professionals seeking to reduce environmental impact and resource dependency. Examples include product-as-a-service models, closed-loop manufacturing, and design for disassembly.

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