answersLogoWhite

0

When Fidel Castro seized American businesses in Cuba, the US broke off all diplomatic relations with Cuba. On October 19, 1960, the US imposed a trade embargo against Cuba on everything except food and medicine. On February 7, 1962, the embargo was extended to include all imports. The embargo still stands today.

User Avatar

Tyreek Lesch

Lvl 13
2y ago

What else can I help you with?

Continue Learning about Economics

Should serious economic problems in many Latin American countries cause governments to redistribute land resources to solve some of their problems?

It does seem to be a useful strategy, although it can be abused (as for example in Zimbabwe, where land in recent years has been arbitrarily seized from white farmers and redistributed to people who don't know how to farm, causing massive food shortages and general economic collapse).


How was the slave trade important to the west African economy?

The market for West African slaves in creased as Muslim traders bought or seized black Africans to sell in north Africa.


What is the definition of seize?

To fall or rush upon suddenly and lay hold of; to gripe or grasp suddenly; to reach and grasp., To take possession of by force., To invade suddenly; to take sudden hold of; to come upon suddenly; as, a fever seizes a patient., To take possession of by virtue of a warrant or other legal authority; as, the sheriff seized the debtor's goods., To fasten; to fix., To grap with the mind; to comprehend fully and distinctly; as, to seize an idea., To bind or fasten together with a lashing of small stuff, as yarn or marline; as, to seize ropes.


How does the defeat of one nation contribute to the growth of another?

The defeat of one nation can lead to the growth of another through various mechanisms, such as the transfer of resources, territory, and political influence. When a nation is defeated, its economic and military assets may be seized or repurposed by the victorious nation, enhancing its strength and capabilities. Additionally, the power vacuum created by the defeated nation can allow the victorious country to expand its influence, forge new alliances, and establish control over strategic regions. This dynamic can also encourage the victorious nation to adopt new strategies, technologies, or governance models that further contribute to its growth.


How are goods and services distribute in command economy?

You have asked a complicated question and the answer may not be so simple. A command economy is when the government controls everything and controls all aspects of business. Generally, communist countries have command economies. The former Soviet Union is an example of a command economy. Generally, private ownership of land is not allowed. Private ownership of land is allowed in a free market economy. However, many countries have mixed economies. For example, although the state seized all land in the communist takeover of China in 1949, private land ownership for development is slowly creeping back into the national scene.

Related Questions

How the US respond when Castro seized American businesses in Cuba?

The United States refused to trade with Cuba.


When Fidel Castro seized American property in Cuba Eisenhower did what?

Eisenhower halted exports to Cuba.


What actors and actresses appeared in When Castro Seized the Hilton - 2009?

The cast of When Castro Seized the Hilton - 2009 includes: Tony Totino


When Fidel Castro seized American property in Cuba what did Eisenhower do?

Eisenhower halted exports to Cuba.


Who chose Fidel Castro to run Cuba?

Fidel Castro seized Cuba with his rebelds.


Who was the revolutionary leader who seized control of Cuban government?

Fidel Castro was the revolutionary leader who seized control of the Cuban government. Castro was in office from 1961 to 2011.


How did the united state respond when Castro seized American business in Cuba?

The United States placed a trade embargo on Cuba


How did the US respond when Castro seized American businesses in cuba?

When Fidel Castro seized American businesses in Cuba, the US broke off all diplomatic relations with Cuba. On October 19, 1960, the US imposed a trade embargo against Cuba on everything except food and medicine. On February 7, 1962, the embargo was extended to include all imports. The embargo still stands today.


How did the US when Castro seized American businesses in cuba?

The US promtly ended diplomatic relations and created an embargo against Cuba that still stands today.


What action did US take when Castro seized American business in cuba?

the united states placed a trade embargo on Cuba


When relation between cuba and us first deteriorated?

The U.S. helped Fidel Castro come to power in Cuba in 1959. The U.S. became angered by Castro's refusal to allow free elections as he had previously promised. Castro further angered the U.S. by nationalizing American businesses and interests in Cuba, and by turning to the Soviet Union for finanacial and military support.


How did Iran respond when the us refused to hand over shah Mohammad reza pahlavi following the Iranian revolution?

It seized fifty-two American hostages