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Ghella [55]
3 years ago
8

The value of the next best alternative foregone

History
1 answer:
andreev551 [17]3 years ago
5 0
Opportunity cost is the value of the next best alternative forgone as a result of making a decision.
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The preamble sets the stage for the Constitution (Archives.gov). It clearly communicates the intentions of the framers and the purpose of the document. The preamble is an introduction to the highest law of the land; it is not the law. It does not define government powers or individual rights.

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Given the harsh uncertainties of our young nation, the phrase “insure domestic tranquility” was our founders' commitment to preserve civil peace so that everyone could live their lives without fear of social strife. Yet domestic tranquility literally means “peace at home” – not just in our streets, but in our homes.

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