A circular economy is an economic model designed to eliminate waste by keeping materials in use through reuse, repair, refurbishment, and recycling. Unlike the traditional 'take-make-dispose' linear economy, circular approaches treat waste as a resource. Products are designed for durability and recyclability, materials are recovered and reprocessed, and business models shift toward services and sharing rather than ownership. Circular economy principles are increasingly influencing municipal waste management, procurement policies, and economic development strategies. Examples include electronics recycling programs, construction waste diversion, and initiatives promoting sharing and repair. Transitioning to circular economy supports sustainability and can create local jobs.