Cuban vs. Brazilian Economy

Cuba's economy is closest to a:

• Market Economy

• Command Economy

Brazil's economy is closest to a:

• Market Economy

• Command Economy

Gross Domestic Product (GDP) is a good measure of how wealthy or poor a country is:

• True

• False

The more natural resources a country has, the more wealthy it will generally be.

• True

• False

If a country does not have all the resources it needs, it will need to ______________ them.

• Export

• Import

In most market economies, the government still regulates some areas but not

• postal services

• healthcare

• supply & demand

This is the specific production of goods that a country can make and sell affordably

• trade

• services

• specialization

Cuba's Communist government has negatively impacted it's economy

• True

• False

Brazil does not struggle with a wealth gap between it's richest and poorest citizens.

• True

• False

Examining this helps to better understand the success of a country's economy:

• unemployment numbers

• industry

• land use/arable (farmable) land

• all of the above