1.D
2.A
3.Can't help ya with that one sorry.
Trickle-down economics, or “trickle-down theory,” states that tax breaks and benefits for corporations and the wealthy will trickle down to everyone else. It argues for income and capital gains tax breaks or other financial benefits to large businesses, investors, and entrepreneurs to stimulate economic growth. The argument hinges on two assumptions: All members of society benefit from growth, and growth is most likely to come from those with the resources and skills to increase productive output.
Answer:
Of the options provided, Cuba is the correct answer.
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.
