Economics Circular Economy Questions
A circular economy addresses the issue of plastic pollution by promoting the reduction, reuse, and recycling of plastic materials. Instead of the traditional linear model of production and consumption, where plastic is used once and then discarded, a circular economy aims to keep plastic in circulation for as long as possible. This is achieved through various strategies such as designing products for durability and recyclability, implementing effective waste management systems, and encouraging the use of recycled plastic in new products. By closing the loop and minimizing plastic waste, a circular economy helps to reduce the environmental impact of plastic pollution.