Understanding how resources, products, & services flow based on needs.
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In a localised economy, understanding local needs (demand) & capacities (supply) helps balance production & consumption.
When communities source & produce what they need internally, they can reduce waste, avoid overproduction, & build economic models that reflect real human & environmental needs, circulating profits within their own community. ‹›
Strategy
Map the Local Economic Ecosystem
Conduct a 'local economy audit':
+ What’s currently made, grown, or served locally?
+ Where is money leaking out of the community?
+ What skills, infrastructure, or systems exist?
Identify key leverage points for impact
(eg: food, energy, housing, education, care).
