Open AccessThe challenges of the economy and the impact on the environment
Author(s) -
Tatiana Manole,
Ţurcan Rina
Publication year - 2021
Publication title -
administrarea publică
Language(s) - English
Resource type - Journals
ISSN - 1813-8489
DOI - 10.52327/1813-8489.2021.1(109).06
Subject(s) - industrialisation , business , quality (philosophy) , population , circular economy , control (management) , economic system , economy , economics , market economy , ecology , philosophy , demography , management , epistemology , sociology , biology
In the present article, the authors address the essence of some economic models (theories) whose objectives consist in increasing the wealth of the owners, maximizing their profits. The ecological situation of the Earth worsened, especially during the industrialization period. This situation required the transition from the traditional economy to the concept of circular economy. The examples of the European Union demonstrate the benefits of waste recycling both for the economy and for improving people’s quality of life. The fight against the pandemic requires colossal material and valuable resources from governments. Thus, for example, the budget of the Republic of Moldova makes a colossal effort in the form of social costs to help people suffering from this pandemic. Improving the situation would require the imposition and control of manufacturing companies on the use of treatment systems, and another general solution would be to educate the population to preserve the Earth for the descendants of our descendants.