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kirza4 [7]
1 year ago
12

Every economic system is theoretical. As a result, these systems do not account for the intricacies of the real world. In theory

, a command economy promotes fairness and equal distribution of wealth. In reality, its framework cannot account for greed or unchecked power by those in charge. Similarly, a market economy lends itself a winner-take-all attitude. In reality, there is usually a practical need to support members of society who need financial assistance. Because of this, the vast majority of economic systems around the world are mixed economies. The term mixed economy represents a wide spectrum of economic systems. Because capitalist countries like the United States offer publicly-funded social programs and communist countries like Cuba recognize private property, neither country can be considered a purely market or command economy.
According to the passage, why can’t Cuba be considered a purely command economy?
Social Studies
1 answer:
loris [4]1 year ago
4 0

Answer:Cuba recognizes private property.

Explanation:

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