explain the vicious and the virtuous cycle with examples
pls answer
Answers
Answered by
2
Answer:
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.
Answered by
4
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.
Explanation:
Similar questions