ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Answer and Explanation: Yes, Haiti’s system of economics can be considered capitalist because it has a free market economy. With low labor costs and tax-tree trading on its exports to the U.S. (the U.S. is its major trading partner).

Detailed explanation-2: -Port-au-Prince (/ˌpɔːrt oʊ ˈprɪns/ PORT oh PRINSS; French: Port-au-Prince, French: [pɔʁ o pʁɛ̃s]; Haitian Creole: Pòtoprens, [pɔtopɣɛ̃s]) is the capital and most populous city of Haiti. The city’s population was estimated at 987, 311 in 2015 with the metropolitan area estimated at a population of 2, 618, 894.

Detailed explanation-3: -Port au Prince (map) is the capital and largest city based on population in Haiti, a relatively small country that shares the island of Hispaniola with the Dominican Republic. It is located on the Gulf of Gonâve on the Caribbean Sea and covers an area of nearly 15 square miles (38 sq km).

Detailed explanation-4: -Milot was Haiti’s first capital under the self-proclaimed King Henry Christophe, who ascended to power in 1807, three years after Haiti had gained independence from France. He renamed Cap‑Français as Cap‑Henri. Milot is the site of his Sans-Souci Palace, wrecked by the 1842 earthquake.