History, 01.10.2019 19:30 hetdashadia123

Which of the following latin american countries has a command economy?
a.
brazil
b.
cuba
c.
barbados
d.
mexico

Answers: 2

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Answer from: sky81428

Among the Latin American countries given above, Cuba is the only one which has a command economy. The economy of Cuba is a centrall planned economy dominated by state-run enterprises overseen by the Cuban Government. The correct answer to this question is letter "B. Cuba".

Answer from: mandyleu

The correct answer is B.

A command economy ( planned economy ) is a system where the government determines what goods should be produced, how many goods should be produces and at what price.

This system contrasts that of a market economy where the free market determines all the above.

The command economy is a key feature of many communist states such as : Cuba, North Korea and the former Soviet Union.

Cuba has a command economy dominated by state - run enterprises. The government of Cuba owns most of the country's industries and most of the labor force is employed by the state. Any investment ( domestic or foreign ) is restricted and has to be approved by the government first.

The Cubans receive government subsidized education and healthcare, housing prices are relatively low.

Answer from: Quest

Protecting and assisting u.s. citizens living or traveling abroad; assisting u.s. businesses in the international marketplace; coordinating and providing support for international activities of other u.s. agencies (local, state, or federal government), official visits overseas and at home, and other diplomatic efforts.keeping the public informed about u.s. foreign policy and relations with other countries and providing feedback from the public to administration officials.providing automobile registration for non-diplomatic staff vehicles and the vehicles of diplomats of foreign countries having diplomatic immunity in the united states

Answer from: Quest

sense of self-interest

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Which of the following latin american countries has a command economy?
a.
brazil
...