CIRCULAR ECONOMY: SUSTAINABLE TRANSFORMATION OF PRODUCTION AND CONSUMPTION IN THE MODERN WORLD

Khalikulova Gulzada Tadjimuratovna

Authors

Khalikulova Gulzada Tadjimuratovna Tashkent State University of Economics, DSc

Keywords:

circular economy, traditional economy, food security, economic growth, “three R principle”

Abstract

This article presents the key principles of the circular economy, which represents a promising approach to sustainable development and efficient resource utilization. The paper examines the main advantages of transitioning to a circular economy, as well as examples of successful implementation of this concept across various industries and countries. It discusses the importance of the circular economy in addressing environmental challenges, reducing waste, and stimulating innovation in the modern world, and also outlines the actions through which the circular economy is being actively developed.