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HSC 2026 Economics: Chapter 1 MCQs on Scarcity, Choice, and Economic Systems

Multiple choice questions on scarcity and choice in economics for HSC 2026.

By Staff Correspondent
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এইচএসসি পরীক্ষা ২০২৬। অর্থনীতি ১ম পত্র : বহুনির্বাচনি প্রশ্ন (অধ্যায়–১): অর্থনীতির সমস্যা হলো দুষ্প্রাপ্যতা ও নির্বাচন

The HSC 2026 economics exam will include multiple choice questions on scarcity and choice. Key concepts include scarcity, limited resources, and unlimited wants. Students must understand the balance between these factors.

Economic systems, types of economic systems, and the role of central planning will be covered. The concept of the 'invisible hand' and its originator will also be examined.

Practical examples, such as Jashimul Sir's decision to produce rice instead of jute, illustrate economic principles. Understanding these concepts is crucial for the HSC economics paper.

FAQ

What is scarcity in economics?
Scarcity refers to the limited availability of resources relative to unlimited wants.
Who introduced the concept of the 'invisible hand'?
The concept of the 'invisible hand' was introduced by Adam Smith.

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