👉 Wastelot is a term used in the context of waste management and recycling. It refers to a type of material that has been discarded or disposed of without proper disposal, which can either be hazardous waste or non-hazardous waste. In many countries, it may refer to materials like plastic bottles, paper, metal cans, and glass.
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What is the definition of Wastelots? 🙋
👉 Wastelots are small, unprofitable businesses that produce, sell or exchange goods and services with other businesses. They often rely on short-term contracts, low profit margins, and a high demand for their products to survive in the market.
