This idea has been developed and deployed to Canvas

For more information, please read through the  Canvas Deploy Notes (2021-07-07)

The option to Disable Reset Course Content button is included with other things such as having the ability to publish courses and course content. This needs to be it's own option so only ADMINS can Reset Course Content. This button is in the settings of each course and can accidently be used by teachers, or they can use it to reset the course not understanding exactly what they are doing. The option needs to be removed.