The Rainbow Economy Model Leads To Holistic Circular Model

Abstract

The Rainbow Economy Model is a theoretical framework that proposes a holistic and inclusive approach to economic development. This model emphasizes the importance of diversity, equality, and sustainability in driving economic growth and prosperity. It recognizes that a vibrant and resilient economy is built upon a diverse range of industries, businesses, and individuals, each contributing their unique strengths and perspectives. The Rainbow Economy Model promotes the integration of social, environmental, and economic factors in decision-making processes, aiming to create a balanced and equitable society. This research aims to explore the principles and potential implications of the Rainbow Economy Model, assess its feasibility in different contexts, and identify strategies for its implementation. The research adopts mixed methodology to ascertain the holistic sustainability circular model namely the “The Rainbow Economy Model”. The practical, the social implications are quite evident, and the contribution is the data collected for future research and the Rainbow model of Sustainability.