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Cuba's economy most closely fits into which category?

a. command economy
b. mixed economy
c. standing economy
d. laissez-faire economy

1 Answer

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Cuba's economy most closely fits into the command economy description. A command economy is a system where the government, rather than the free market, determines what goods should be produced, how much should be produced and the price at which the goods are offered for sale. The command economy is a key feature of any communist society.
User Luke Vella
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