How Recycling Improves the Economy & Why Everyone Should Participate
It Helps to Create Jobs
Recycling materials has led to an increase in job creation. More people are needed to sort through the recycled materials. The sorted materials can then be sold back to manufacturers. This in and of itself pays the wages of the workers that are employed at these recycling facilities. There is more than one job created per one thousand tons of recycled materials. The more that you recycle leads to more jobs being created. The more people that are employed generates more tax revenue for governments. This leads to more social services being available.
It Reduces the Price of Goods
It costs less to purchase recycled materials than it does to create new materials. This is because of the savings potential in obtaining, extracting, and refining new raw materials. Manufacturers can save up to ninety percent on their raw material budget just be using recycled goods. This savings can then be passed along to the consumer. Having more money in your pockets helps to keep the economy thriving. You have more expendable income and can purchase other items. This cycle is what keeps the economy running.
Results in Lower Garbage Bills
Recycled materials have an intrinsic value. Metals, plastics, and papers are valuable due to the cost of producing these items as new materials. Your garbage disposal company can sort these materials out and sell them back to the manufacturers. This has led to the reduction in your garbage bill. The waste disposal company is getting back some of the costs associated with operating their company. It can cost a lot to dispose of materials in a landfill. Lowering your monthly bills allows you to have more money in your budget to spend on other things.
Creates Less Landfill Waste
In many areas, space is limited. Landfills may be taking up prime real estate locations. Keeping materials out of the landfill reduces the amount of space that is needed for these landfills. Another benefit is that many of these recyclable materials aren’t biodegradable. Plastics in particular will likely be in the landfill forever. Removing these materials puts them to better use. They can be repurposed into other items. This reduces the amount of pollution that enters the environment due to the creation of new plastic materials.
Recycling provides the economy with many important benefits! The more people that participate in recycling, the stronger the economy grows.