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Recently, Cuba has instituted a number of free-market reforms.

A. True
B. False


Sagot :

Final answer:

Cuba has not instituted free-market reforms, focusing on tourism and some capitalistic reforms while maintaining a socialist state.


Explanation:

False.

Cuba has not instituted a number of free-market reforms. Instead, after the collapse of the Soviet Union in 1991, Cuba has been increasing its focus on tourism and some capitalistic reforms while still maintaining a socialist state.

This is in contrast to Chile, which adopted sweeping market reforms in the late 1970s and emerged as the most prosperous country in Latin America as a result of creating the freest economy in the region.


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