The Pareto Principle is a concept we often find useful. In 1906, Italian economist Vilfredo Pareto analyzed property in Italy and discovered that 80% of the land was owned by 20% of the population.

Also known as the 80/20 rule, the Pareto principle is named after French-Italian economist Vilfredo Pareto, who observed that 80% of Italy’s land was owned by 20% of its population. You don’t need to ...

The formula was given by an Italian economist. This principle is named after Italian economist Vilfredo Pareto. Pareto, in research done in the 19th century, found that 80 percent of Italy's land ...

The principle was named after the Italian economist Vilfredo Pareto, who, in the late 19th century, observed that 80 percent of Italy’s land was owned by 20 percent of its population.