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Circular Economy: Opportunities For Development Of Russia'S Arctic Regions

Table 1:

Feature(field of comparison) Linear economy Circular economy
Purpose Profit maximization Social and ecological equation
Economic capacity Increase Reduction
Consumption Increase Reduction / increase of life time
Resources Primary Implicative
Result Waste accumulation No waste, emergence of new fields
Type of production Labour-intensive High-tech, use of minor cycles, innovations
Social partnership Force business to take social responsibility Initiative business responsibility
Product life-cycle stages Maximum efficiency only at the beginning of the product lifecycle Maximum efficiency of every process within the product (service) lifecycle
Technologies Nature exploitative Nature-like
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