6.0 At the beginning of the lockdown in Bangladesh, many individuals distributed food items among the

poor and needy. Discuss how an individual may face scarcity when distributing food items among the

poor. Discuss in detail the effects of scarcity in this case.

7.0 Imagine that you are the economic advisor of country Z which can produce only two products rice

and wheat. Country Z wants to adopt the free market economic system. Using the given scenario explain

in detail what is a free market economic system.

7.1 Recently, the citizens of country Z have been complaining about the increasing price of rice in

country Z. Discuss briefly all the different ways country Z can tackle and manage the problem of

increasing price of rice. No need to draw and use a diagram in your answer.

7.2 One day you are travelling in a car across country Z and you note that there are many empty houses

in country Z. From this observation, what can you understand and predict about the housing market of country Z.