The concept of 'planned obsolescence' has been a subject of debate among economists and environmentalists alike. Originally introduced in the 1920s to stimulate economic growth by encouraging consumer spending, this strategy involves designing products with a limited useful life, prompting consumers to replace them regularly. While proponents argue that it drives innovation and maintains market dynamism, critics contend that it leads to resource depletion and excessive waste. Recent studies suggest that a shift toward 'circular economy' models, which prioritize durability and reparability, could mitigate these negative effects without necessarily hampering economic progress. However, implementing such models requires significant changes in manufacturing practices and consumer behavior, posing substantial challenges for industries accustomed to rapid turnover.