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Circular Economy

The circular economy is an economic system aimed at eliminating waste and the continual use of resources. It contrasts with the traditional linear economy, which follows a 'take, make, dispose' model. In a circular economy, products are designed for longevity, reuse, and recyclability. Materials and components are kept in use through strategies like recycling, remanufacturing, and upcycling, thus minimizing environmental impact and resource depletion.