Cuban Economy
Title: Cuban Economy
Category: /Literature/English
Details: Words: 942 | Pages: 3 (approximately 235 words/page)
Cuban Economy
Category: /Literature/English
Details: Words: 942 | Pages: 3 (approximately 235 words/page)
Although the Cuban economy may be thought of as to some as a complete
failure, the command system structure can still be an effective way of creating a
successful economy, if the correct steps are taken in it's planning. From the 1960's
revolution to the 1990's collapse of russia, the soviet union managed to maintain the
Cuban economy by trading them sugar in return for oil
(http://lanic.utexas.edu/la/cb/cuba/asce/cuba1/
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structure can still be an effective way of creating a successful economy, if the
correct steps are taken in it's planning. The Cuban economy is an example of an economy
that could have been successful if the correct steps and desicions were made. Instead, the
Castro government took advantage of their power and abused it, ruining the economy.
Steps are now being taken to turning the ecomony around by taking power out of Castro's
reach.