THE CIRCULAR ECONOMY: REDEFINING VALUE, WASTE AND CONSUMPTION
Abstract
The traditional linear economic model of “take–make–dispose” has led to excessive resource depletion, environmental degradation, and rising waste generation. In contrast, the circular economy presents a sustainable alternative by redefining value creation, minimizing waste, and promoting responsible consumption. This research paper explores the concept of the circular economy, its principles, objectives, benefits, challenges, and its role in achieving sustainable development. The study highlights how circular practices can transform production and consumption patterns, reduce environmental impact, and promote long-term economic growth.
Fields of Study & Subjects
Sustainable Supply Chain Management
Sustainable Industrial Ecology
Municipal Solid Waste Management
Publication details
- Journal / source
- Research Hub
- Publisher
- DYA Research Center
- Volume
- 07
- Issue
- 01
- Pages
- 164–167
- Publication date
- 1 January 2026