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paulbenn
Cuba is capitalist: wages, prices, etc. It was previously state capitalist, but now has some private capitalism too.
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What type of economic system does Cuba have?
Cuba currently operates under a form of a Communist economic system. Although this has dramatically improved the country in a number of ways, the stubborn sanctions placed on them from the United States have crippled their efforts to a large degree.
What countries have a communist Economic System?
No countries have or could have a Communist economic system. Communism is a classless stateless society based on production for use, with no money and no economy. Also, it would have to operate at a global level.
What type of economic system exists in Cuba?
command economy :D
What event in 1991 led to an economic crisis in Cuba?
The collapse of the Soviet Union led to the economic crisis of 1991 in Cuba. This was due to the close ties between Cuba and the Soviet Union.
Name a country that is experiencing an economic embargo?
Cuba
What best describes cuba's economic system under Fidel Castro?
It has been a big failure.
What type of economic system does Cuba have?
Cuba currently operates under a form of a Communist economic system. Although this has dramatically improved the country in a number of ways, the stubborn sanctions placed on them from the United States have crippled their efforts to a large degree.
What countries have a communist Economic System?
No countries have or could have a Communist economic system. Communism is a classless stateless society based on production for use, with no money and no economy. Also, it would have to operate at a global level.
What type of economic system exists in Cuba?
command economy :D
What countries have a socialist Economic System?
Cuba, China, France, India, Korea, Portugal, Laos..
How Cuba solve it's economic probelums?
How cuba solve it's economic probelums?
Which situation resulted from the 1959 Cuban Revolution?
Cuba adopted a communistic economic and political system
Which country follow capitalist economy system?
There are now almost no countries (except perhaps North Korea and Cuba) that do not basically employ a capitalist economic system. The system of government may be dictatorship or communist but the economic systems have all reverted to capitalistic principles.
Who makes the economic decisions of Cuba?
The government of Cuba.
What event in 1991 led to an economic crisis in Cuba?
The collapse of the Soviet Union led to the economic crisis of 1991 in Cuba. This was due to the close ties between Cuba and the Soviet Union.
What are Cuba's major economic activities?
tobacco
Name command economic countries?
china cuba.
