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WITH A SIMPLE OBSERVATION THAT IN HIS GARDEN, 80 PERCENT OF THE PEAS WERE BORNE BY 20 PERCENT OF THE PODS, VILFREDO PARETO CREATED A REVOLUTIONARY PRINCIPLE. KNOWN AS THE PARETO’S PRINCIPLE OR THE RULE OF 80-20, THE CORE OF THIS PRINCIPLE LIES IN THE FACT, THAT 80 PERCENT OF THE RESULTS WHICH ONE RECEIVES IN A FIELD OF ACTIVITY IS A RESULT OF 20 PERCENT OF THE EFFORTS.