The term 'linear economy' is correct and can be used in written English.
It is used to refer to a type of economy characterized by a cycle of extracting resources to make products, which are later disposed of, thereby creating waste. For example, "Our current linear economy is unsustainable as it is based on the continual consumption of resources with little regard for the environment."
We are currently in a linear economy.
Our linear economy can't continue without endangering next generations.
A linear economy makes, uses and disposes materials.
Most of the industry right now is focused on keeping a linear economy, when we need a circular or cyclical economy".
The linear economy the world has been hooked on since industrialisation began – making, selling and throwing away stuff – has reached a breaking point.
Unlike the linear economy – characterised by the process of "take, make, use, dispose" – the circular economy aims to eliminate or drastically reduce waste by reusing it.
Fed by the prosperity of the last decade, the 46,567-mile network of limited-access federal roads that make up the Interstate System is a linear economy-on-wheels, a distinct and self-sustaining 51st state, in a sense, that generates life and commerce along shoulders and evaporates four or five miles beyond them.
In contrast to the conventional economic system based on taking, making and disposing of things, he described a non-linear economy running in loops, reusing materials, and with big implications for job creation, competitiveness, resource savings and waste creation.
In response to this present linear product economy, some believe that the traditional concept of the circular economy is the solution: a truly closed loop, where previously "useless" waste outputs are continuously reintegrated into the production cycle in perpetuity.
The world must transition from a linear based economy to a more circular, resource based model.
It is possible to move away from the abstract, idealistic concepts viewed as the antidote to the current linear product economy and create genuine, effective circular waste solutions that are far more sustainable; these systems look more like a spring, rather than a full circle.
