Circular economy can be described as a wish to combine successful entrepreneurship with the urgent challenge to stop overconsumption and waste of natural resources. While a traditional linear economy can be compared to a chain of the concepts: take, make, use, dispose, pollute; a circular economy instead focuses on the key activities make, use, reuse, remake, recycle. The aim of circular economy is to make sure that materials and their value circulate as long as possible, and that waste is kept to a minimum.
A circular economy is based on the principles of designing out waste and pollution, keeping products and materials in use, and regenerating natural systems.
A circular economy is based on the principles of designing out waste and pollution, keeping products and materials in use, and regenerating natural systems.