What is vicious and virtuous cycle?
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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. A virtuous circle has favorable results, while a vicious circle has detrimental results.
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Vicious cycle is a negative series of events that build o on and reinforce each other. If you can't you can't get a job without experience, but you can't get experience without job, then you are in the vicious cycle.
Virtuous cycle is a recurring cycle of events, the result of each one being to increase the benificial effect of the next. A virtuous cycle in the economy means that higher wages stimul8 consumption, leading to higher prices and large corporate profits.
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