1) What is Pareto's Law? Sum it up in a paragraph.

Pareto's law is known as the 80-20 rule. This was started for example 80% effects comes from the 20% of cause. Business-management consultant Joseph M. Juran suggested the principle and named it after Italian economist Vilfredo Pareto, who observed in 1906 that 80% of the land in Italy was owned by 20% of the population; Pareto developed the principle by observing that 20% of the pea pods in his garden contained 80% of the peas.

2) What other industries or examples can you apply the 80/20 rule to?
The 80-20 rule can be used in many industries, for example it is used in business
- 80% of a company's profits come from 20% of its customers
- 80% of a company's complaints come from 20% of its customers
- 80% of a company's profits come from 20% of the time its staff spend
- 80% of a company's sales come from 20% of its products
- 80% of a company's sales are made by 20% of its sales staff

3) List three arguments in FAVOUR of Pareto's Law applying to the internet:
- twitter owns vines 
- Google owns blogger 
- Google owns youtube 
4) List three arguments AGAINST Pareto's Law applying to the internet:
- twitter don't own the tweets 
- blogger doesn't own the blogs 
- tumbler don't own the blog posts 
Finally, answer the following question:

5) Even if Pareto's Law applies to internet ownership, does it still apply to the content we read online?