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A linear economy is a traditional model based on a 'take-make-consume-waste' approach to using resources.
The raw material is made into a product. After the product comes to the end of its life, it is thrown away. If this model is not replaced, the world will reach a point where it will lose the capacity to sustain itself.
The purpose of circular economy is to prevent waste while promoting sustainable economic growth. Manufacturers have to design reusable products. The model follows the production-use-recycling-production cycle.
The circular economy is more profitable and less harmful to the environment. The circular economy needs mostly innovation to promote a much-needed change in society.
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