Final answer:
A circular economy is an economy aimed at eliminating waste and the continual use of resources. It promotes sustainable use of resources and encourages reuse, recycling, and repurposing of products. Materials are recovered and regenerated to create new products.
Step-by-step explanation:
A circular economy is an economy aimed at eliminating waste and the continual use of resources. It is a system where resources are used in a sustainable manner, keeping them in circulation as long as possible instead of being disposed of. In a circular economy, products are designed for reuse, recycling, or repurposing, and materials are recovered and regenerated to create new products.