This document compares the linear economy model to the closed-loop economy model. The linear model follows a "take, make, dispose" process where resources are used once and then thrown away, while the closed-loop model aims to reuse resources continually through strategies like recycling, remanufacturing, and leasing products. Some benefits of moving to a more circular closed-loop economy include reducing costs, boosting innovation, lessening reliance on suppliers, and improving public perception of companies.