In the News
Opportunity Cost - How Car Tires Displaced Thousands Of People
Graham Watson
19th March 2022
A real example of opportunity cost, with this Business Insider clip highlighting how deforestation and the planting of rubber plantations in Cambodia have displaced thousands of largely indigenous people.
All in the name of providing developed economies with tyres.
- Economics
- Blog
- In the News
- Deforestation
- Tragedy of the Commons
- Opportunity cost
- Sustainable development
- Development Traps
Graham Watson
Graham Watson has taught Economics for over twenty years. He contributes to tutor2u, reads voraciously and is interested in all aspects of Teaching and Learning.
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