Discuss the virtuous cycle with a diagram .
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The virtuous circle and a vicious circle are both economic terms that shows the effect of certain forces that causes a certain set of events. This causes and events follow in a loop. However, in virtuous cycle the results are positive and in a vicious cycle the events are not positive in economic terms. The poverty cycle is a vicious cycle and the creation of able human resource is a virtuous cycle.
✿ ADDITIONAL INFORMATION
➠ The Educated parents invest more heavily on the education of their child. This is because they have realised the importance of education as they themselves are educated. They are also conscious of proper nutrition and hygiene
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