Besides economics, which other field did Pareto contribute to?
Sociology
Geology
Entomology
Meteorology
Answer
Sociology is another field to which Pareto made significant contributions. He developed the concept of social equilibrium, which posits that societies tend towards a state of balance where the actions of individuals and groups are mutually reinforcing. Pareto also analyzed the role of elites in society, arguing that they play a crucial role in maintaining social order and stability.
Mastering Pareto: Exploring the Legacy of Vilfredo Pareto in Sociology and Economics
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