Difference between the circular economy and the linear economy.
In a previous blog post we discussed the principles of the circular economy and in this post we will compare the circular economy to the linear economy, going on to discuss the advantages of the former model. However, we must firstly understand that a linear economy is a model that is based on production, consumption, and waste.
Image by Catherine Weetman – Own work, CC BY-SA 4.0, Link
The linear economy responds to an industrial mentality in which production and resources are considered to be unlimited, and economic benefits are placed above all other criteria. This system dates back to the Industrial Revolution, and it has been the prevailing model in the market ever since.
Read the complete article in this link.
This is part of a thematic article published on C-Voucher's website.