ECONOMICS

Detailed explanation-1: -the effect, result, or outcome of something occurring earlier: The accident was the consequence of reckless driving. an act or instance of following something as an effect, result, or outcome. the conclusion reached by a line of reasoning; inference.

Detailed explanation-2: -A consequence comes after, or as a result of something you do, for example, “He was given a traffic ticket as a consequence of running the red light.” A consequence is a “result” or “conclusion, ” and the Latin sequī, “to follow, ” is part of its history.

Detailed explanation-3: -The result of something, or the consequence of it, is the outcome.

Detailed explanation-4: -The result of a certain action is called a consequence. The word repercussion often refers to a negative consequence.

Detailed explanation-5: -An easy way to think of this is that outcomes are the results, and outputs are the activities that support the desired results. For example, a business outcome could be ‘increased customer satisfaction’.