Which approach best defines a circular economy?

A circular economy is best defined by minimizing waste and maximizing resource use. This approach focuses on extending the lifecycle of materials through reusing, recycling, and refurbishing, rather than following the traditional linear economy model of take-make-dispose. By designing products and systems to be restorative and regenerative, a circular economy aims to create value without depleting natural resources and promotes sustainability by keeping materials in use for as long as possible. This approach not only mitigates environmental impacts but also fosters innovation and broadens economic opportunities by creating new business models.

The other options do not align with the principles of a circular economy. Using resources for one-time production reflects a linear model where materials are discarded after their initial use. Focusing on profit over sustainability ignores the essential balance that a circular economy seeks to achieve between economic viability and environmental stewardship. Prioritizing short-term economic growth is at odds with the long-term perspective required to implement circular practices that ensure sustainability and resource efficiency.