Question

Difference between virtuous and vicious cycle economics

Answer 1

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❍A vicious cycle is one which has a negative impact or effect whereas a virtuous cycle is the one which has a positive effect/impact.

❍There is a atmosphere of helplessness in a vicious cycle where as there is an atmosphere of encouragement in virtuous cycle

Answer 2

Explanation :

★ A vicious cycle is one which has a negative impact or effect whereas a virtuous cycle is the one which has a positive effect/impact.

★ There is a atmosphere of helplessness in a vicious cycle where as there is an atmosphere of encouragement in virtuous cycle

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