Business

Pareto Principle Definition: How to Use the 80/20 Rule

Written by the MasterClass staff

Last updated: Feb 25, 2022 • 5 min read

The Pareto principle is a mathematical and economic dictum that divides different circumstances into twenty and eighty percent proportions. It’s versatile and uncanny, on occasion, in its accuracy. Learn more about how this metric applies to so many different disciplines.