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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.
Wiki User
∙ 13y ago
Wiki User
∙ 14y agoYes. Cuba is a Market Economy.
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What type of economy does cube have?
Cuba has a command economy
What is Cuba's economy?
Cuba can be a market, command, or traditional economy. It is a socialistic economy.
What type of economic system exists in Cuba?
command economy :D
Is cuba a command economy?
Cuba has a state-controlled economy, which means that all Cuba's production is controlled and managed by the government , and most of the labor force is employed by the state. Temporaily, meaning that since cuba has a communist type of government the controlled economy must have have people without a felines record may not vote or perticipate in social meetings.
Does Cuba have a mixed economy?
Cuba is still transitioning to a mixed market economy from a socialist economy. Fidel Castro was the President of Cuba from 1976 to 2008.
How cuba government affected the success of its economy?
the economy in Cuba has gone down a lot
How has Cuba's government affected the success of its economy?
the economy in Cuba has gone down a lot
Which is not primarily a market economy Cuba US Canada Mexico?
Cuba is a socialist economy.
What countries has a command economy cuba France US or Canada?
Of the four countries listed (France, USA, Cuba, and Canada), only Cuba has a command economy. The rest have government-moderated capitalist economies.
Cuba a mixed economy?
yes
When does Cuba have a command economy?
In 1959.
What is Cuba's economy like?
pretty poor
