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I would say that Ikea follows the principles of a circular economy model as it commits to using sustainable materials such as recycled plastic, which
I would say that Ikea follows the principles of a circular economy model as it commits to using sustainable materials such as recycled plastic, which helps with overall well-being and environmental sustainability. In addition, they also offer a collection service where customers can return used furniture for recycling, thus supporting their efforts to comply with the principles of a circular economy. The economic policy implemented by the UK government would be furlough schemes in the time of Covid, allowing workers to maintain job security. These policies delivered economic recovery by protecting jobs and enabling businesses to retain workers so that they could resume operations once conditions returned to normal. In addition, it helps maintain purchasing power, thereby helping to support businesses that rely on consumer demand, preventing further economic instability. Do you agree that this is a business operating based on the principle of a circular economy model
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