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The Tutsi and Hutu originally considered themselves a single group of people differing primarily by occupation;however,the Belgium colonial administration began treating the pastoral Tutsi people as different and superior to the Hutu farmers.Eventually,these two groups of people began to see each other as different as well.This is an example of
Comparative Advantage
The skill of an entity—be it an individual, a company, or a country—to deliver a good or service more efficiently, incurring lower opportunity costs, than competing parties.
Absolute Advantage
The ability of an individual, company, or country to produce a good or service at a lower cost per unit than the competition.
Orange Production
The production process of growing and harvesting oranges, primarily for consumption as fruit or for juice production.
Opportunity Cost
The value of the next best alternative foregone as a result of making a decision.
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