Question

What is Puerto principle ?

Answer 1

Puerto principal :in 1906 an Italian economist vilferdo Puerto created a mathematical formula to describe the unequal distribution of wealth in his country In1906,Italian. Pareto observed that 20 percent of the people owned 80 percent of the nation's wealth. He could not know it, but in time that rule would be found to apply with uncanny accuracy to many situations and be useful in many disciplines, including the study of business productivity.