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.

1. quincyrecycle.com
Sources: quincyrecycle.com/closed-loop-economy-what-does-it-mean-and-how-does-it-work
hbr.org/2016/02/how-businesses-can-support-a-circular-economy
LINEAR ECONOMY MODEL VERSUS
CLOSED-LOOP ECONOMY
Conduct a zero-waste audit to determine areas of opportunity.
Perform more closed-loop recycling.
Lease or rent goods instead of selling them.
Remanufacture products to extend their lifespans.
Linear economy model
Closed-loop economy model
COLLECT PROCESS
DESIGN &
MANUFACTURE CONSUME
Boost customer loyalty
Improve your company’s
public perception
Produce significant
long-term savings
Reduce reliance on
external suppliers
Protect raw
material supplies
Encourage innovation
and growth
Improve prices
to consumers
COLLECT
PROCESS
DESIGN &
MANUFACTURE
CONSUME
GETTING STARTED IN A
CLOSED-LOOP ECONOMY
LINEAR ECONOMY MODEL VERSUS
CLOSED-LOOP ECONOMY
BENEFITS OF A
CLOSED-LOOP ECONOMY
WHAT IS A
CLOSED-LOOP
ECONOMY?
Also known as a “circular
economy,” a closed loop is
an economic system where
everything is reused, recycled,
repaired, or shared and no
waste is produced.
CLOSED-LOOP
ECONOMY
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