Elasticity vs Resilience - What's the difference?
elasticity | resilience |
(physics) The property by virtue of which a material deformed under the load can regain its original dimensions when unloaded
(economics) The sensitivity of changes in a quantity with respect to changes in another quantity.
The quality of being elastic.
Adaptability.
The mental ability to recover quickly from depression, illness or misfortune.
The physical property of material that can resume its shape after being stretched or deformed; elasticity.
The positive ability of a system or company to adapt itself to the consequences of a catastrophic failure caused by power outage, a fire, a bomb or similar (particularly IT systems, archives).
Resilience is a synonym of elasticity.
As nouns the difference between elasticity and resilience
is that elasticity is the property by virtue of which a material deformed under the load can regain its original dimensions when unloaded while resilience is the mental ability to recover quickly from depression, illness or misfortune.elasticity
English
Noun
- If the sales of an item drop by 5 % when the price increases by 10 %, its price elasticity is -0.5.