Comparative Analysis of Linear and Circular Economy Models

Abstract

The article discusses the comparative analysis of the country's linear and circular economy models by the author. The results of the linear development of the analyzed economy and the negative challenges that accompany the traditional use of this model. The author describes the article as a circular economic model of the country's transition to sustainable development, which in the future will ensure the loss of resources and efficient use of resources in production. In addition, this model of economic development is characterized by the development of waste production, during which it is possible to recycle waste and increase the life cycle of the products produced. Under the operating conditions of the circular economy model, the principle of "gain-use-process-use again" applies. The introduction of this principle in the field of entrepreneurship will ensure the transition to a model of sustainable development of the country's economy and the achievement of 17 UN Sustainable Development Goals by 2030. Keywords : Circular economy, Linear economy, Comparative analysis, Waste production, sustainable development.