Economics Circular Economy Questions
Circular manufacturing is a concept within a circular economy that focuses on designing and implementing production processes that minimize waste and maximize the reuse, recycling, and regeneration of materials. It involves adopting strategies such as product design for durability, modularity, and disassembly, as well as implementing closed-loop systems where materials are continuously cycled back into the production process. Circular manufacturing aims to reduce resource consumption, minimize environmental impact, and create a more sustainable and efficient manufacturing system.