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In Cuba, a bureaucratic committee makes the production decisions for the country's firms and factories. Therefore, Cuba is an example of a: _________. A. centralized economy. B. capitalist economy. C mixed
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In Cuba, a bureaucratic committee makes the production decisions for the country's firms and factories. Therefore, Cuba is an example of a: _________.

A. centralized economy.
B. capitalist economy.
C mixed economy.
D. pure free-market economy.

User Ahmad Zahabi
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20 votes
20 votes

Answer:

A

Step-by-step explanation:

This is because in a centrally planned economy, a central bureaucracy makes all decision concerning what to produce, how to produce it, how much to produce and who gets it.. The government owns land, capital and in a sense; as well as labor.

User Dooburt
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