Russian Federation
Russian Federation
The idea of recycling waste and reusing resources opens up new horizons for us in the field of production, consumption and economic management. The task of a closed economy is to maximize the life of values, materials and resources. In the new economic model, what is considered waste today will turn into new resources. The importance of a closed-loop economy stems from the need for a deep understanding of the interrelationships between the elements of the economic system. Despite the fact that the real economic situation has considerable complexity and includes many external variables, mastering the key principles of a cyclical economy can contribute to the development of more effective strategies for economic progress.
closed-cycle economics, production, consumption, waste, resources
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