Cuba Comunist, Didator, Close market Brazil CApitalist, Republic, Open Market
Ill be brief, Cuba posses a State controlled economy, meaning everything is owned by the government. The state controls the prices, the production , the distribution , etc of everything, leaving no room for a free market. Cubans cant own or create companies or business.
no,but in cuba it is.(dictatorship in cuba.)
Cuba is a socialist economy.
It means, "free Cuba." The 'free' is not a verb; it's an adjective.
Cuba can be a market, command, or traditional economy. It is a socialistic economy.
government mostly[market activities are limited in cuba]
In a free market, there is profit to be made by making the free market not a free market. Therefore, a completely free market destroys itself.
no
Cuba continues to be under a repressive communist Dictatorship. Cuba is not free.
Cuba is still transitioning to a mixed market economy from a socialist economy. Fidel Castro was the President of Cuba from 1976 to 2008.
No, its a Communist country.