Industrial Economics

The recovery of resources from waste streams including food production plants can improve the overall sustainability of such processes from both economic and environmental points of view. This is because resource recovery solutions will be instrumental in overcoming the grand societal challenges in relation to the Water-Energy-Food (WEF) nexus in one of many aspects.
Water resources are an essential and determining factor for food production, ecosystem health, and socio-economic development. The socio–economic water cycling system is a complex adaptive system. Changes in the socio-economic system at the macro level, such as industrial transformation, technical progress, and water price reform, will have impacts on water resources utilization at the micro level.