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Case study on command economies (case of Cuba and Vietnam) presentation by: kuldeep yadav Sec. – A Reg NO. –T-6024:

Case study on command economies (case of Cuba and Vietnam) presentation by: kuldeep yadav Sec. – A Reg NO. –T-6024

Slide 2:

Socialism – Economic system which is based on cooperation rather than competition and which utilizes centralized planning and distribution. Here, all the department and sector are under the government.

Economic of Cuba and Vietnam:

Economic of Cuba and Vietnam Rank – 89 Currency – Cuban peso Public sector – 78% Private sector – 22% Population below poverty line – 1%(2006) Unemployment – 1.7% Export goods – sugar, medical products, nickel, tobacco, shellfish, coffee. Import – petroleum, food, machinery and equipment, chemicals Import goods – steel products, raw cotton, grain, cement, motorcycle Rank – 46 Currency – vitnames dong Sector – agriculture, industry, service Export – crude oil, marine products, rice, coffee, rubber, tea shoes, pepper.

Sources of economy:

Sources of economy Cuba's world-class biotechnology and pharmaceutical industry is gaining in its importance to the economy. Some Cuban scientists, like V. Verez-Bencomo , have been awarded international prizes for their contributions in biotechnology and Sugar Cane. Tourism figures prominently in the Cuban Government's plans for development, and a top official cast it as the "heart of the economy". Tourism in Cuba

Comparison between 1981 and 2000 year :

Comparison between 1981 and 2000 year In the year 2000 – In the year 1981 – Public sector – 91 % Public sector – 76% Private sector – 22 % Private sector – 7% And – factor of communist one-part system in Vietnam – history – if look to history. Though form 111 BC TO 939 AD, it was under Chinese rules. This period saw the establishment of considerable Chinese cultural influence. And – reason to Cuba support communist movement – history – Cuba prior to the revolution had critical economic condition and population were more unemployment and deep poverty and illiterate history of cuba andVietnam

history of Vietnam:

history of Vietnam 16 th century, it was colony of French. It was divided in two part – north and south. North was recognize for manufacturing. South was recognize for agriculture production. In 1954, north came under china. It was join communist and north joined capitalist. In 1976, both were merge and joined communist.

Slide 7:

Why did Cuba support communist movement? Reason – united states monopolies like Bethlehem Steel Corporation and Speyer and Company gained control over Cuba's national resources, from which they made huge profits. The banks and the country's entire financial system, all electric power production, and most industry was dominated by US capital. Trade with soviet union – for several decades, Cuba received a large Soviet, where by Cuba provided sugar in exchange of oil by Soviet union. Gain profit – according to agreement, it was received oil form Soviet Union. While the remainder was sold in the world market for a profit of several billon dollars. Support by another country – Cuba supported communist movements throughout Latin America and Africa.

Slide 8:

What are the factors that contributed towards command economic structure and communist one party system in Vietnam? . In 17 th century it was divided in two part but communist support was powerful – it was divided in two part – south and north. North was powerful and support communist. America support to south but public turned against to it. America leaved it. South fall – in 1975, the south fall. So only one remained. Who was support communist party. Depend on Soviet union - From the late 1970s until the 1990s, Vietnam was a member of the Comecon , and therefore heavily dependent on trade with the Soviet Union and its allies.

Slide 9:

In 17 th century it was divided in two part but communist support was powerful – it was divided in two part – south and north. North was powerful and support communist. America support to south but public turned against to it. America leaved it. South fall – in 1975, the south fall. So only one remained. Who was support communist party. Depend on Soviet union - From the late 1970s until the 1990s, Vietnam was a member of the Comecon, and therefore heavily dependent on trade with the Soviet Union and its allies.

Slide 10:

Thank you

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