what are some of the effects of cuba's economic problems?
236747
Cuba had a one-crop economy (sugar cane) whose domestic market was constricted. Its population was characterized by chronic unemployment and deep poverty. United States monopolies like Bethlehem Steel Corporation and Speyer gained control over valuable national resources.
49990
The long-term effects of youth unemployment on later labor market outcomes are critical factors in the evaluation of government policies that affect the youth labor market. Adverse impacts may take the form of lower levels of human capital, reduced wage rates and weakened labor force participation in the future.
297823
Although Cuba is generally a safe country to visit, a trip to Cuba may expose you to “minor” crimes such as currency scams, pickpocketing, and theft. You should also be aware of threats to your health like contaminated tap water, mosquito-borne diseases, and terrible road conditions if you are driving.
752850
['Corruption, bribery and facilitation payments.', 'Safety and security issues.', 'Environmental impacts due to business functioning.', 'Information security problems.', 'Human rights issues.', 'Supply chain management issues.']
346081
['Interest rates.', 'Exchange rates.', 'Recession.', 'Inflation.', 'Taxes.', 'Demand / Supply.']
473182
['Greed of money, desires.', 'Higher levels of market and political monopolization.', 'Low levels of democracy, weak civil participation and low political transparency.', 'Higher levels of bureaucracy and inefficient administrative structures.', 'Low press freedom.', 'Low economic freedom.']
1015431
['Negative or very low economic growth.', 'Rising unemployment.', 'Falling asset prices – shares and house prices.', 'Low confidence and falling investment. ... ', 'Rising spare capacity (negative output gap)']
1019278
['Impediment in the Development of Domestic Industries: ... ', 'Difficulties in Times of Need: ... ', 'Use of Monopoly to Control Price: ... ', 'Economic Dependence: ... ', 'Widening Trade Gap: ... ', 'Over Utilization of Natural Resources: ... ', 'Political Risk: ... ', 'High Credit Risk:']
1405930
['Overproduction. Rural- WWII had huge demand, effective and costly tractor increased output, too much food and too much debt. ... ', 'Stock Market Crash. ... ', 'Bank Failures. ... ', 'Government Policies. ... ', 'Recession. ... ', 'Depression. ... ', 'Affect of Great Depression. ... ', 'Hoovers attempts.']
664284
['Lesser Costs, Higher Gains. ... ', 'More Job Opportunities. ... ', 'Increase of Food Production. ... ', 'Lower Costs of Produce. ... ', 'Presence of Pesticides. ... ', 'Health and Environmental Hazards. ... ', 'Disadvantageous to Small Farmers.']
510280
The four main consequences are: Lower national savings and income. Higher interest payments, leading to large tax hikes and spending cuts. Decreased ability to respond to problems.
148838
['National Defense Spending. ... ', 'Funding Government Programs. ... ', 'Government Debt Payments. ... ', 'Effects on Individuals. ... ', 'Effects on Companies.']
59910
['Low Per Capita Real Income. ... ', 'High Population Growth Rate. ... ', 'High Rates of Unemployment. ... ', 'Dependence on Primary Sector. ... ', 'Dependence on Exports of Primary Commodities. ... ', '1 thought on “Characteristics of Developing Economies”']
559891
One of the greatest paradoxes in Cuba is how a country where the average wage is only $20 per month can keep its population as healthy as those of developed nations. The main reason for this accomplishment is Cuba's ability to produce well-trained, quality doctors and a good healthcare system for them to work in.
95503
Economic damage Recessions result in higher unemployment, lower wages and incomes, and lost opportunities more generally. Education, private capital investments, and economic opportunity are all likely to suffer in the current downturn, and the effects will be long-lived.
442680
The economy of Cuba is a largely planned economy dominated by state-run enterprises. ... In 2016 Cuba ranked 68th out of 182 countries, with a Human Development Index of 0.775, much higher than its GDP per capita rank (95th).
155246
The political situation of a country affects its economic setting. The economic environment affects the business performance. For example, there are major differences in Democratic and Republican policies in the US. This influences factors like taxes and government spending, which ultimately affect the economy.