Tinker v. Des Moines is a historic Supreme Court ruling from 1969 that cemented students’ rights to free speech in public schools.
This Refugees International (RI) report warns that a humanitarian catastrophe is imminently threatening nearly one million Rohingya refugees in Bangladesh. Survivors of the brutal campaign of ethnic cleansing in Myanmar, the Rohingya refugees in Bangladesh now face the onset of the monsoon and cyclone seasons. The humanitarian response, including preparation for the monsoon season, has been significant and substantial – but it has also been hamstrung by obstacles and lack of effective management and coordination by the Government of Bangladesh and the United Nations system. Failure to overcome these challenges is unnecessarily putting lives at risk.
Scarcity is the central concept in the study of economics. Individuals demand products to satisfy their needs. Those products are elaborated using certain resources that are scarce hence, limited. Therefore, economics is the science that studies the allocation of products for consumer satisfaction given that the supply of resources is scarce.
The opportunity cost is defined as the cost of the best alternative that has been rejected when making a decision in an environment of scarcity. For example, considering that money is the scarce resource, a consumer can only afford to either buy one orange or two pears. He knows that the orange would provide a higher satisfaction to him and buys it. Therefore, the rejected alternative, the two pears, consitute the opportunity cost. If there was no scarcity, this consumer would have been able to purchase the two options, not only the most preferred.
the original catholic faith
(i might be wrong)
