Economics Circular Economy Questions
A circular economy addresses the issue of e-waste by promoting the reuse, recycling, and responsible disposal of electronic products. Instead of the traditional linear model of production and consumption, where products are discarded after use, a circular economy aims to keep resources in use for as long as possible. This is achieved through strategies such as designing products for durability and repairability, implementing take-back and recycling programs, and encouraging the development of secondary markets for used electronic goods. By closing the loop and minimizing waste, a circular economy reduces the environmental impact of e-waste and promotes the sustainable use of resources.