Economy, asked by 6983Hussain, 6 months ago

explain the vicious and virtuous cycle created in the society

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Answered by ashishkumarsahu421
0

Answer:

A virtuous circle can be small operating over days or it can drive a whole company's strategy for decades. The same positive feedback loop can also run in reverse however, to create a vicious cycle, when a bad situation feeds on itself to make it even worse. A feedback loop exists that reinforces the poor results.

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