The materials economy is the system of production, distribution, use, reuse, and disposal of materials within economic markets. It is responsible for the generation of economic value through the conversion of resources into products, energy, and service for people. At the same time, materials are processed and then disposed of which in turn lead to environmental and social externalities. As such, the materials economy has become an increasingly important factor to consider when considering economic opportunities and constraints. Its implications and impacts warrant further study and critical examination in order to improve our collective understanding of sustainable and responsible management of resources.
See also: circular economy, renewable energy, fossil fuel, carbon pulse