A circular economy aims to reduce waste and resource consumption by designing products and systems that can be reused, repaired, recycled, or composted.

Economic growth is not a characteristic of a circular economy. Instead, a circular economy aims to decouple economic growth from resource consumption and waste generation.

Recycling is the process of recovering materials from waste for reuse. Composting is the process of breaking down organic waste into a nutrient-rich soil amendment. Incineration is the process of burning waste to generate energy. Landfilling is the process of disposing of waste in a landfill.

Waste reduction can lead to reduced environmental pollution, conservation of natural resources, and improved public health. It does not lead to increased economic costs.

Eco-design is the process of designing products and systems to minimize waste and resource consumption. Life cycle assessment is a method for assessing the environmental impacts of a product or service over its entire life cycle. Material flow analysis is a method for tracking the flow of materials through a system. Input-output analysis is a method for analyzing the interdependencies between different sectors of an economy.

Planned obsolescence is a business strategy that involves designing products to have a limited lifespan. This is the opposite of a circular economy business model, which aims to design products that can be reused, repaired, recycled, or composted.

Composting is the process of converting organic waste into a nutrient-rich soil amendment. Recycling is the process of recovering materials from waste for reuse. Incineration is the process of burning waste to generate energy. Landfilling is the process of disposing of waste in a landfill.

Abundant natural resources are not a challenge associated with waste management. Increasing waste generation, limited landfill space, and high recycling costs are all challenges associated with waste management.

Life cycle assessment is a method for assessing the environmental impacts of a product or service over its entire life cycle. Eco-design is the process of designing products and systems to minimize waste and resource consumption. Material flow analysis is a method for tracking the flow of materials through a system. Input-output analysis is a method for analyzing the interdependencies between different sectors of an economy.

Increased waste generation is not a benefit of a circular economy. A circular economy aims to reduce waste generation and resource consumption.

Material flow analysis is a method for tracking the flow of materials through a system. Eco-design is the process of designing products and systems to minimize waste and resource consumption. Life cycle assessment is a method for assessing the environmental impacts of a product or service over its entire life cycle. Input-output analysis is a method for analyzing the interdependencies between different sectors of an economy.

Incinerate is not a type of waste management hierarchy. The waste management hierarchy consists of reduce, reuse, recycle, and compost.

Input-output analysis is a method for analyzing the interdependencies between different sectors of an economy. Eco-design is the process of designing products and systems to minimize waste and resource consumption. Life cycle assessment is a method for assessing the environmental impacts of a product or service over its entire life cycle. Material flow analysis is a method for tracking the flow of materials through a system.

Waste management companies are not typically considered to be stakeholders in a circular economy. Businesses, consumers, and government are all stakeholders in a circular economy.

Planned obsolescence is the process of designing products to have a limited lifespan. Eco-design is the process of designing products and systems to minimize waste and resource consumption. Life cycle assessment is a method for assessing the environmental impacts of a product or service over its entire life cycle. Material flow analysis is a method for tracking the flow of materials through a system.