The rise of the circular economy and its impact on work
Order ID |
53563633773 |
Type |
Essay |
Writer Level |
Masters |
Style |
APA |
Sources/References |
4 |
Perfect Number of Pages to Order |
5-10 Pages |
Description/Paper Instructions
The rise of the circular economy and its impact on work
The circular economy is an economic model that aims to create a closed-loop system in which waste is minimized, resources are conserved, and materials are kept in use for as long as possible. This model is gaining popularity as concerns about sustainability and environmental impact continue to grow. The rise of the circular economy is having a significant impact on work, from creating new job opportunities to changing the skills required for certain roles. Here are some of the ways in which the circular economy is impacting work.
New Job Opportunities
The circular economy is creating new job opportunities in areas such as recycling, remanufacturing, and waste reduction. These jobs require skills such as data analysis, logistics management, and supply chain optimization. Additionally, there is a growing need for workers who are able to design products and systems with circularity in mind, such as those with expertise in sustainable materials, product lifecycle assessment, and industrial ecology. As the circular economy continues to grow, it is expected that new job opportunities will emerge in a range of industries.
Changing Skills Requirements
The rise of the circular economy is also changing the skills requirements for certain roles. For example, in the manufacturing industry, there is an increasing need for workers who are able to operate and maintain equipment for remanufacturing or recycling processes. In the logistics industry, workers may need to have skills in reverse logistics to manage the return and reuse of products. In addition, the circular economy requires a shift in mindset from a linear model of production and consumption to a circular one. This requires workers to have skills in systems thinking, design thinking, and innovation.
New Business Models
The circular economy is also leading to the emergence of new business models. Companies are increasingly adopting circular business models such as product-as-a-service, where customers pay for access to a product rather than owning it outright. This model incentivizes companies to design products for durability and ease of repair, as they are responsible for the maintenance and eventual disposal of the product. This creates new opportunities for businesses that provide maintenance and repair services, as well as those that develop innovative business models that align with circular principles.
Reduced Environmental Impact
One of the main goals of the circular economy is to reduce environmental impact. By minimizing waste and conserving resources, the circular economy can help to reduce the carbon footprint of businesses and individuals. This, in turn, can create opportunities for workers who have expertise in areas such as environmental science, renewable energy, and carbon accounting. Additionally, the circular economy can help to create more sustainable supply chains, which can improve the social and environmental impact of the products and services that businesses offer.
In conclusion, the rise of the circular economy is having a significant impact on work, from creating new job opportunities to changing the skills required for certain roles. As the circular economy continues to grow in importance, it is likely that new opportunities and challenges will emerge for workers across a range of industries. To capitalize on these opportunities, workers will need to develop new skills and adopt a circular mindset, while businesses will need to embrace new business models and adopt circular principles throughout their operations. By doing so, they can help to create a more sustainable future for both the economy and the environment.
The rise of the circular economy and its impact on work
RUBRIC
QUALITY OF RESPONSE |
NO RESPONSE |
POOR / UNSATISFACTORY |
SATISFACTORY |
GOOD |
EXCELLENT |
Content (worth a maximum of 50% of the total points) |
Zero points: Student failed to submit the final paper. |
20 points out of 50: The essay illustrates poor understanding of the relevant material by failing to address or incorrectly addressing the relevant content; failing to identify or inaccurately explaining/defining key concepts/ideas; ignoring or incorrectly explaining key points/claims and the reasoning behind them; and/or incorrectly or inappropriately using terminology; and elements of the response are lacking. |
30 points out of 50: The essay illustrates a rudimentary understanding of the relevant material by mentioning but not full explaining the relevant content; identifying some of the key concepts/ideas though failing to fully or accurately explain many of them; using terminology, though sometimes inaccurately or inappropriately; and/or incorporating some key claims/points but failing to explain the reasoning behind them or doing so inaccurately. Elements of the required response may also be lacking. |
40 points out of 50: The essay illustrates solid understanding of the relevant material by correctly addressing most of the relevant content; identifying and explaining most of the key concepts/ideas; using correct terminology; explaining the reasoning behind most of the key points/claims; and/or where necessary or useful, substantiating some points with accurate examples. The answer is complete. |
50 points: The essay illustrates exemplary understanding of the relevant material by thoroughly and correctly addressing the relevant content; identifying and explaining all of the key concepts/ideas; using correct terminology explaining the reasoning behind key points/claims and substantiating, as necessary/useful, points with several accurate and illuminating examples. No aspects of the required answer are missing. |
Use of Sources (worth a maximum of 20% of the total points). |
Zero points: Student failed to include citations and/or references. Or the student failed to submit a final paper. |
5 out 20 points: Sources are seldom cited to support statements and/or format of citations are not recognizable as APA 6th Edition format. There are major errors in the formation of the references and citations. And/or there is a major reliance on highly questionable. The Student fails to provide an adequate synthesis of research collected for the paper. |
10 out 20 points: References to scholarly sources are occasionally given; many statements seem unsubstantiated. Frequent errors in APA 6th Edition format, leaving the reader confused about the source of the information. There are significant errors of the formation in the references and citations. And/or there is a significant use of highly questionable sources. |
15 out 20 points: Credible Scholarly sources are used effectively support claims and are, for the most part, clear and fairly represented. APA 6th Edition is used with only a few minor errors. There are minor errors in reference and/or citations. And/or there is some use of questionable sources. |
20 points: Credible scholarly sources are used to give compelling evidence to support claims and are clearly and fairly represented. APA 6th Edition format is used accurately and consistently. The student uses above the maximum required references in the development of the assignment. |
Grammar (worth maximum of 20% of total points) |
Zero points: Student failed to submit the final paper. |
5 points out of 20: The paper does not communicate ideas/points clearly due to inappropriate use of terminology and vague language; thoughts and sentences are disjointed or incomprehensible; organization lacking; and/or numerous grammatical, spelling/punctuation errors |
10 points out 20: The paper is often unclear and difficult to follow due to some inappropriate terminology and/or vague language; ideas may be fragmented, wandering and/or repetitive; poor organization; and/or some grammatical, spelling, punctuation errors |
15 points out of 20: The paper is mostly clear as a result of appropriate use of terminology and minimal vagueness; no tangents and no repetition; fairly good organization; almost perfect grammar, spelling, punctuation, and word usage. |
20 points: The paper is clear, concise, and a pleasure to read as a result of appropriate and precise use of terminology; total coherence of thoughts and presentation and logical organization; and the essay is error free. |
Structure of the Paper (worth 10% of total points) |
Zero points: Student failed to submit the final paper. |
3 points out of 10: Student needs to develop better formatting skills. The paper omits significant structural elements required for and APA 6th edition paper. Formatting of the paper has major flaws. The paper does not conform to APA 6th edition requirements whatsoever. |
5 points out of 10: Appearance of final paper demonstrates the student’s limited ability to format the paper. There are significant errors in formatting and/or the total omission of major components of an APA 6th edition paper. They can include the omission of the cover page, abstract, and page numbers. Additionally the page has major formatting issues with spacing or paragraph formation. Font size might not conform to size requirements. The student also significantly writes too large or too short of and paper |
7 points out of 10: Research paper presents an above-average use of formatting skills. The paper has slight errors within the paper. This can include small errors or omissions with the cover page, abstract, page number, and headers. There could be also slight formatting issues with the document spacing or the font Additionally the paper might slightly exceed or undershoot the specific number of required written pages for the assignment. |
10 points: Student provides a high-caliber, formatted paper. This includes an APA 6th edition cover page, abstract, page number, headers and is double spaced in 12’ Times Roman Font. Additionally, the paper conforms to the specific number of required written pages and neither goes over or under the specified length of the paper. |
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The rise of the circular economy and its impact on work
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