A circular economy is an economic system that prioritizes sustainability by minimizing waste and maximizing resources. In a circular economy, products are designed to be reused, recycled, or repurposed, rather than disposed of after one use. This approach reduces waste and pollution and promotes the efficient use of resources. A circular economy is important because it can help address environmental challenges like climate change, resource depletion, and pollution, while also creating economic opportunities and improving social well-being.