The circular economy diagram is a visual representation of an economic model that could be important for American businesses moving forward.
Although we have relied on a “take, make and dispose” model since the dawn of the industrial revolution, globally industries are facing a major challenge. Resource depletion is a legitimate concern as commonly used resources such as natural gas, phosphorous and even water are approaching distressing levels.
A circular economy diagram illustrates the restorative or regenerative properties of a model that redefines growth and focuses on keeping materials at their highest value and continuously in use.
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