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Is your system more capitalist or socialist? What type of economic system does it have?

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Is your system more capitalist or socialist? What type of economic system does it have?

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Cuba is more capitalist.

Cuba has a command economic system.

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How are leaders in Cuba elected? And who are the leaders currently? 

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How are leaders in Cuba elected? And who are the leaders currently? 

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Asamblea Nacional del Poder Popular. It has 612 members, elected every 5 years and holds brief sessions to ratify decisions by the executive branch.

The current leader is Miguel Mario Díaz-Canel Bermúdez he was born 20 April 1960 and he is serving as the president of Cuba since 2019.

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The government.

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The central government.

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Doctors

Engineer

Scientist

Or even professionals working in restaurants.

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2.76% as of 2021

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26% out of 11.2 million people

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Cobalt, Nickel, Iron ore, Chromium, Copper, Salt, Timber, Silica, and Pretrolrum.

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Tobacco, manufactured substitutes: (19.4% of total exports)

Nickel: (13.2%)

Mineral fuels including oil: (5.9%)

Pharmaceuticals: (1.7%)

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Machinery including computers: (12% total imports)

Electrical machinery, equipment: (9.1%)

Meat: (8.1%)

Vehicles: (3.8%)

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Energy Production. At the start of the decade, Cuba depended entirely on fossil fuel for its electricity.

Agriculture. The agricultural sector accounts for the two largest exports from Cuba, sugar and rolled tobacco.

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What are the advantages of command economy?

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What are the advantages of command economy?

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One advantage is the poor is helped.

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What are the disadvantages of command economy? 

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What are the disadvantages of command economy? 

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Lack of incentives to work hard or show inventiveness, and lack of consumer choices.

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What are the most serious economic problems associated with Cuba? 

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What are the most serious economic problems associated with Cuba? 

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1. Not having enough resources to produce enough food to feed their population.

2. Very low productivity.

3. Deterioration of the housing stock and lack of appropriate replacement.

4. Deterioration of the country’s overall infrastructure (transportation, roads, railroads, ports, airports, water distribution and drainage systems, etc.).

5. High dependence on imported energy and on foreign assistance.

6. Decline in the quality of education and healthcare.