Economy, asked by parnita69, 10 months ago

draw and explain the vicious and virtuous cycle with examples of your own​

Answers

Answered by Anonymous
5

Answer:

The terms virtuous circle and vicious circle (also referred to as virtuous cycle and vicious cycle) refer to complex chains of events that reinforce themselves through a feedback loop. A virtuous circle has favorable results, while a vicious circle has detrimental results.

Answered by Anonymous
14

Answer:

hloo..

.

.A virtuous circle has favorable results, while a vicious circle has detrimental results. Both circles are complex chains of events with no tendency toward equilibrium (social, economic, ecological, etc.) ... A well-known example of a vicious circle in economics is hyperinflation.

.

please mark as brainlist...

Similar questions