ECONOMICS (CBSE/UGC NET)

ECONOMICS

ECONOMIC GROWTH

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which Cuban industry depends mostly on a labor force with a high human capital?
A
Cuba’s tourist industry
B
Cuba’s health care industry
C
Cuba’s tobaccos industry
D
Cuba’s sugar and agri-businesses
Explanation: 

Detailed explanation-1: -The Cuban government operates a national health system and assumes fiscal and administrative responsibility for the health care of all its citizens. All healthcare in Cuba is free to Cuban residents. There are no private hospitals or clinics as all health services are government-run.

Detailed explanation-2: -Labor force, total in Cuba was reported at 5043018 in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. Cuba-Labor force, total-actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2023.

Detailed explanation-3: -Leading Industries Of Cuba The service sector in Cuba is dominated by tourism, retail, and finance which generated $1.7billion. The primary products dominating the agricultural industry in Cuba are sugarcane, potatoes, tobacco, rice, coffee, citrus, livestock, and beans.

There is 1 question to complete.