THE INFLUENCE OF CIRCULAR ECONOMY ON QUALITY OF LIFE

Circular Economy is a regenerative system in which resource input and waste, emission, and energy leakage are minimised by slowing, closing, and narrowing material and energy loops. This can be achieved through long-lasting design, maintenance, repair, reuse, remanufacturing, refurbishing, and recycling. This theory requires deep changes of people, organizations as well as government's behaviour. The article attempts to identify the main aspects related to circular economy that are influencing and affecting the quality of life, which is a new concept for production and consumption.