Question

how can a vicious cycle of poverty turn into a virtuos one. pls explain fast​

Answer 1

Explanation:

A vicious cycle is a chain of events that negatively impact the economy. Think high unemployment leads to lower spending leads to lower profit margins, hiring freezes, and layoffs. A virtuous cycle, however, is when strong wages stimulate economic growth. Wages are growing, especially in Denver.

Answer 2

Answer:

The terms virtuous circle and vicious circle, also known respectively as virtuous cycle and vicious cycle, refer to complex chains of events that reinforce themselves through a feedback loop.[1] 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.)—at least in the short run. Both systems of events have feedback loops in which each iteration of the cycle reinforces the previous one (positive feedback). These cycles will continue in the direction of their momentum until an external factor intervenes and breaks the cycle.

A well-known example of a vicious circle in economics is hyperinflation.