Feedback loops play a role from "summary" of The Art of Systems Thinking by "Joseph OConnor",Ian McDermott
In the world of systems thinking, the concept of feedback loops is essential in understanding how systems operate and evolve. Feedback loops are the mechanisms through which a system receives information about its own performance and uses that information to make adjustments or changes. These loops can be either reinforcing or balancing, depending on the impact they have on the system.
Reinforcing feedback loops are those that amplify changes within a system, leading to exponential growth or decline. For example, when a company experiences success and reinvests its profits back into the business, this can lead to even greater success in the future. On the other hand, balancing feedback loops work to maintain equilibrium within a system, preventing it from spiraling out of control. An example ...
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