Recycling has a variety of economic impacts. For the companies that buy used goods, recycle them, and resell new products, recycling is the source of all their income. For cities in densely populated areas that have to pay by the ton for their landfill usage, recycling can shave millions of dollars off municipal budgets.
The mass production of the industrial age is, in many ways, the very reason we need to worry about large-scale recycling. When products can be produced (and purchased) very cheaply, it often makes more economic sense to simply throw away old items and purchase brand new ones. However, this culture of disposable goods created a number of environmental problems.
Recycling is a pretty simple concept: take something that isn’t useful anymore and make it into something new instead of just throwing it away. It can be anything from recycling old paper into new paper, to making an old hubcap into a decorative birdbath.