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Sustainable Economy - Coggle Diagram
Sustainable Economy
Economic Sustainability
Definition: Ability to sustain economic growth over time while promoting social equity and protecting the environment (Pontificia Universidad Católica de Chile, 2022).
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Circular Economy
Definition: An economic model that aims to keep products, materials, and resources in the economy for as long as possible and reduce waste (Ellen MacArthur Foundation, s.f.).
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Fair Market (Fair Trade)
Definition: Trading system based on equity, transparency, and respect that ensures better conditions for disadvantaged producers and respects human rights and the environment (World Fair Trade Organization, s.f.).
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Renewable Resources
Definition: Resources that can regenerate naturally and be used without risk of depletion if managed responsibly (Pontificia Universidad Católica de Chile, 2022).
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