Question

If all real-world economics are mixed economies, why is the U.S. economy described as capitalist, while the Cuban economy is described as communist?

Answer 1

The USA consider as a capitalist country because of the following the reasons.The freedom of choice in the occupation and, property rights and free mobility of the capital, and labors in the USA economic system theses resource are allocated to the free market economy and demand, and supply does the role.Generally, people have free and government role is minimum individuals activities.

In the context of the Cuban economy is communist because of all the resource owned by the government the government allocated the resource and the economic activites did through commanding order. The people have the minimum role in economic decisions making of the government.