👉 Consequentiality is a concept in economics that refers to the impact or effect of an event or decision on another person, entity, or situation. It involves evaluating how the consequences of a particular action or decision affect the overall well-being and outcomes of those affected. In other words, it's about determining whether the actions taken or decisions made will have a positive or negative impact on the outcome or future of someone else. Consequentiality is often considered in discussions related to ethics, law, politics,
