English Language · English
In the context of economics and systems, what does the phrase 'virtuous cycle' mean?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A system demonstrating physical or organizational strength
- 2A administrative process governed by religious principles
- 3A strict adherence to moral and ethical standards
- 4A recurring chain of events where each positive result leads to further positive outcomes✓
Correct answer
A recurring chain of events where each positive result leads to further positive outcomes
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