Cuba is still transitioning to a mixed market economy from a socialist economy. Fidel Castro was the President of Cuba from 1976 to 2008.
It would be Traditional economy because command economy would sort of be like Cuba and mixed economy would be like us (The United States).
Cuba can be a market, command, or traditional economy. It is a socialistic economy.
Antigua and Barbuda Jamaica Dominica st. Kitt's & Nevis Trinidad & Tobago St. Lucia Barbados, ect... Most of the Caribbean countries are mixed economy except Cuba...
When there is free enterprise as well as government control in a country, it is a mixed economy or dual economy. The United States is an example of this with some strong government regulation along with private enterprise.
The economy of the United States is a mixed economy.
the economy in Cuba has gone down a lot
Cuba is a socialist economy.
the economy in Cuba has gone down a lot
The difference between market economy and mixed economy is that a marked economy is a marked economy and a mixed economy is a mixed economy
Mixed Economy
mixed economy