How does the command economy function in cuba?

It doesn't. In theory various ministries plan the production of goods and services of production units they control, project the production of cooperatives and impose theoretical returns from them and even set targets for individual farmers. read more

It doesn’t. In theory various ministries plan the production of goods and services of production units they control, project the production of cooperatives and impose theoretical returns from them and even set targets for individual farmers. read more

Cuba's Government and Economy Cuba. Right before the socialist revolution in 1959, Cuba’s economy was best described as lively but unpredictable. read more

Cuba's Economy Cuba's government consists of a one part communist state. Therefore, the economy of Cuba is a largely state-controlled, centrally planned economy overseen by the Cuban government. These economies are called command economies, where supply and price are regulated by the government rather than market forces. read more