How does the economy of Cuba differ from the economy of North Korea? O In North Korea, the government's control of the economy has begun to loosen. In Cuba, the government maintains a tight hold over the economy. In Cuba, the government's control of the economy has begun to loosen. In North Korea, the government maintains a tight hold over the economy. In North Korea, there is economic uncertainty in exchange for individual choice. In Cuba, there is economic security in exchange for government control. O In Cuba, there is economic uncertainty in exchange for individual choice. In North Korea, there is economic security in exchange for government control.

Question

﻿  How does the economy of Cuba differ from the economy of North Korea? O In North Korea, the government's control of the economy has begun to loosen. In Cuba, the government maintains a tight hold over the economy. In Cuba, the government's control of the economy has begun to loosen. In North Korea, the government maintains a tight hold over the economy. In North Korea, there is economic uncertainty in exchange for individual choice. In Cuba, there is economic security in exchange for government control. O In Cuba, there is economic uncertainty in exchange for individual choice. In North Korea, there is economic security in exchange for government control.

Anu Bhardwaj · Accepted Answer

In Cuba, the government’s control of the economy has begun to loosen. In North Korea, the government maintains a tight hold over the economy. ✅

Explanation

Cuba: In recent years, Cuba has allowed some private businesses, foreign investment, and limited market reforms, loosening state control over the economy.
North Korea: Still maintains a strict command economy with nearly all businesses and industries controlled by the state, and very little room for private enterprise.

Economics

Economics

Anu Bhardwaj

Answer

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