Question
How does the economy of Cuba differ from the economy of North Korea?
In North Korea, the government’s control of the economy has begun to loosen. In Cuba, the government maintains a tight hold over the economy.
In Cuba, the government’s control of the economy has begun to loosen. In North Korea, the government maintains a tight hold over the economy.
In North Korea, there is economic uncertainty in exchange for individual choice. In Cuba, there is economic security in exchange for government control.
In Cuba, there is economic uncertainty in exchange for individual choice. In North Korea, there is economic security in exchange for government control.
In North Korea, the government’s control of the economy has begun to loosen. In Cuba, the government maintains a tight hold over the economy.
In Cuba, the government’s control of the economy has begun to loosen. In North Korea, the government maintains a tight hold over the economy.
In North Korea, there is economic uncertainty in exchange for individual choice. In Cuba, there is economic security in exchange for government control.
In Cuba, there is economic uncertainty in exchange for individual choice. In North Korea, there is economic security in exchange for government control.
Answers
Answered by
GPT-5 mini
The best choice is the second statement:
"In Cuba, the government’s control of the economy has begun to loosen. In North Korea, the government maintains a tight hold over the economy."
Why:
- Cuba: Since the 2000s–2010s (and with further changes through the 2010s and a 2021 currency reform) Cuba has legalized many small private activities, expanded self‑employment, allowed small private restaurants and nonstate cooperatives, encouraged some foreign investment, and opened remittance channels. The state still dominates major sectors and politics, but there is a legal and growing private sector and more institutionalized market reforms than in North Korea.
- North Korea: While informal markets (jangmadang) have grown since the 1990s famine and the state sometimes tolerates market activity, economic control remains far more centralized and politically controlled. The state keeps strict control over major industries, trade, resources and wages, and official reforms remain limited, uneven, and reversible.
Caveat: both countries are authoritarian and the state plays a large role in both economies; Cuba’s loosening is limited and uneven, and North Korea’s market activity is often informal and precarious.
"In Cuba, the government’s control of the economy has begun to loosen. In North Korea, the government maintains a tight hold over the economy."
Why:
- Cuba: Since the 2000s–2010s (and with further changes through the 2010s and a 2021 currency reform) Cuba has legalized many small private activities, expanded self‑employment, allowed small private restaurants and nonstate cooperatives, encouraged some foreign investment, and opened remittance channels. The state still dominates major sectors and politics, but there is a legal and growing private sector and more institutionalized market reforms than in North Korea.
- North Korea: While informal markets (jangmadang) have grown since the 1990s famine and the state sometimes tolerates market activity, economic control remains far more centralized and politically controlled. The state keeps strict control over major industries, trade, resources and wages, and official reforms remain limited, uneven, and reversible.
Caveat: both countries are authoritarian and the state plays a large role in both economies; Cuba’s loosening is limited and uneven, and North Korea’s market activity is often informal and precarious.