A linear economy is a traditional economic model that follows a "take-make-dispose" approach to resource consumption. In this model, natural resources are extracted from the environment, used to manufacture products, and then discarded as waste at the end of their life cycle. This approach is often criticized for its wastefulness and negative impact on the environment.
In contrast, a circular economy is an alternative economic model that aims to minimize waste and promote sustainability by keeping resources in use for as long as possible. The circular economy model is based on the principles of designing out waste and pollution, keeping products and materials in use, and regenerating natural systems. In a circular economy, products and materials are reused, repaired, and recycled to extend their life cycle and reduce the need for new resources.
Overall, the key difference between a linear and a circular economy is the way they approach resource consumption and waste management. While a linear economy is based on a "take-make-dispose" approach, a circular economy seeks to create a closed-loop system in which resources are used and reused in a sustainable way.
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