Cuban economy

Cuba's economy relies heavily on agriculture, tourism, and state-run industries, with significant government involvement in planning and control. Historically, it depended on sugar exports, but has diversified into sectors like pharmaceuticals and biotechnology. Economic activity is influenced by US sanctions, limited access to foreign investment, and restrictions on private enterprise, which impact growth. Despite these challenges, Cuba maintains free healthcare and education. The economy faces ongoing difficulties balancing state control with the need for modernization and decentralization, aiming to improve efficiency and attract investment while preserving social programs.