Economic Systems of Mexico, Brazil, and Cuba

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This country has the largest economy in Latin America.

Since Cuba has a command economy, it has this type of government.

An ____________ is someone who decides to create or run a business, even though he or she might lose some money.

Most countries in Latin America have this type of economy.

Cuba has a ________ economy that is 33% free and 77% government controlled.

If a country has a high standard of living, they usually have a _______ also.

Because Cuba doesn’t have a lot of natural resources, they have to _________ or buy and bring into Cuba a lot of goods and services.

This a stop on trade with another country (a type of economic trade barrier).