Question

In which country would you MOST expect to find state-controlled industry, the greatest amount of restrictions on private business

ownership, and the majority of the population working for the government?
es )

Answer 1

Of the options provided, Cuba is the correct answer.

Step-by-step explanation:

The Cuban economy is largely planned and the government owns and operates most of the major industries. During the Cold War period Cuba was highly dependent on subsidies from the Soviet Union, but after the Soviet Union was dissolved in 1991 the Communist Party of Cuba encouraged the population to form worker co-operatives and to seek out forms of self-employment. Although there has been some recent opening to certain forms of investment, it is still largely restricted and requires government approval. The government sets most prices for commodities and essential items and can ration goods that are in short supply. Housing and transportation costs remain low thanks to government control and essentials like education, healthcare, and food are subsidized by the government.