Final answer:
Cuba's economic system is a mix of socialism and communism with the government controlling most of the means of production and implementing some capitalistic reforms in the tourism sector.
Step-by-step explanation:
The type of economic system that Cuba has is socialism with aspects of communism. The Cuban Revolution led by Fidel Castro established a socialist state, nationalizing significant sectors of the economy. After the fall of the Soviet Union, Cuba experienced economic hardship and has since implemented some capitalistic reforms, particularly in the area of tourism, to diversify its economy. However, the core economic system remains socialist with the government controlling most of the means of production, and many resources are owned and distributed by the state.