Sugar, tobacco (especially cigars), coffee, and nickel are among the main products produced in Cuba. Tourism, education, and healthcare are important services. The economy is dominated by the state, and the two main sources of foreign exchange earnings are tourism and healthcare. Biotechnology and agriculture also play a big role in Cuba's economy.
command economy
command economy
If by "command economy" you mean a dictatorial economy like North Korea, the government decides what is produced and has a lot of say in how things are done. The Cuban government is also a dictatorial government but more pragmatic in when to leave things alone. The US military maintains a huge installation at Guantanamo Bay in Cuba and quite a number of Cubans work on the base and draw good paychecks. The Cuban regime understands that the Americans have no intention of leaving and Cuba is incapable of evicting them. But the Americans leave the Cuban regime alone (except for the usual CIA spying and meddling)
When the price and quantity of goods produced are controlled by the government, as in Cuba, it is referred to as a command economy or centrally planned economy. In this system, the government makes decisions about production and pricing rather than relying on market forces. This approach aims to ensure equitable distribution of resources but can lead to inefficiencies and shortages.
Sugar, tobacco (especially cigars), coffee, and nickel are among the main products produced in Cuba. Tourism, education, and healthcare are important services. The economy is dominated by the state, and the two main sources of foreign exchange earnings are tourism and healthcare. Biotechnology and agriculture also play a big role in Cuba's economy.
Yes you can.
fish, honey, nickel, citrus fruits, salt, and sugar
command economy
command economy
command economy
command
they make cigars but we have a trade embargo on them so were not allowed to have the but yeah all i know is that their cigars are their most famous product
If by "command economy" you mean a dictatorial economy like North Korea, the government decides what is produced and has a lot of say in how things are done. The Cuban government is also a dictatorial government but more pragmatic in when to leave things alone. The US military maintains a huge installation at Guantanamo Bay in Cuba and quite a number of Cubans work on the base and draw good paychecks. The Cuban regime understands that the Americans have no intention of leaving and Cuba is incapable of evicting them. But the Americans leave the Cuban regime alone (except for the usual CIA spying and meddling)
Were there benfits of having an industrialized nation in Cuba? (did Cuba receive any technology? Goods Cuba may have normally not have access to?)
Scissors
planes or trains or cars