Outrageously Funny Word Dictionary :: Paretically

👉 Pareto, in economics and social sciences, is a concept that describes a distribution of resources such that there are only two classes of goods or services with equal access to them. In other words, it represents a situation where every individual has an equal chance of obtaining something from the resource pool. The term was first used by Vilfredo Pareto in his 1908 paper "A Study of Income Distribution," which is now known as "Pareto's Paradox." He

paretically