Cuba can be a market, command, or traditional economy. It is a socialistic economy.
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Sweden. The government is in complete control of everything, and they pay a lot of taxes, which results in them having universal health care. Unlike Canada, Sweden pays for university, day care, ect.
Cuba is still transitioning to a mixed market economy from a socialist economy. Fidel Castro was the President of Cuba from 1976 to 2008.
A command economy can be referred to as a:planned economy,centrally planned economy,command and control economyA command economy was used in communist countries. Examples are the former Soviet Union, North Korea, the People's Republic of China, and Cuba.
Cuba can be a market, command, or traditional economy. It is a socialistic economy.
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Cuba qualifies as such. It is a republic with a communist regime that has a command economy (i.e. centrally planned).
North Korea is the most centrally planned economy in the world. Most others allow for *some* degree of private trade. Some other less centrally planned economies are: - China - Russia - Cuba
Sweden. The government is in complete control of everything, and they pay a lot of taxes, which results in them having universal health care. Unlike Canada, Sweden pays for university, day care, ect.
Cuba is still transitioning to a mixed market economy from a socialist economy. Fidel Castro was the President of Cuba from 1976 to 2008.
A command economy can be referred to as a:planned economy,centrally planned economy,command and control economyA command economy was used in communist countries. Examples are the former Soviet Union, North Korea, the People's Republic of China, and Cuba.
the economy in Cuba has gone down a lot
the economy in Cuba has gone down a lot
Cuba is a socialist economy.
One disadvantage of the planned economy is that there is inefficient resource distribution.
The economy of Cuba is a largely centrally planned economy dominated by state-run enterprises overseen by the Cuban government, though there remains significant foreign investment and private enterprise in Cuba. Most of the means of production are owned and run by the government, and most of the labor force is employed by the state, although in recent years, the formation of cooperatives and self-employment has been encouraged by the Communist Party.