Transition Economy in Poland 2013 Jeonghun Song (Julia) Economics HL International School of Phnom Penh Contents Abstract 3 Introduction 4 Procedure or Method 4 Main Results and Findings / Analysis and Discussion 5 Conclusion and Recommendation 8 Works Cited 10 Abstract Poland is a part of OECD that indicates high income level; it insists Gross Domestic Product (GDP) of $489.8 billion and has population of 38.54 million. This report
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What do you know about Cuba? Cuba is the largest country‚ by land area in the caribbean and the main island is the sixteenth largest island in the world by land area. The aerial view of Cuba resembles an alligator‚ and it is sometimes is referred to as ‘El Cocodrillo.’ In 1954‚ Ernest Hemingway won the Nobel Prize in Literature‚ he wanted to give it to the people of Cuba‚ for his influence in ‘The Old Man in the Sea.’ Cuba is defined by its history‚ culture‚ and its tourist attractions. Cuba’s
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went through a major change in its economic stage adopting a policy of drastic change. The Yalta conference held in 1945 established the Polish Provisional Government of National Unity and called for fair elections. However‚ the communist party‚ under influence of the powerful Soviet Russia‚ controlled the elections‚ thus creating a regime that followed the communist ideals: a centrally planned economy based on the principle of equality. A centrally planned economy allocates the resources in a much
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HISTORICAL BACKGROUND Before 1850‚ Cuba was governed by Spain. However‚ the United States wanted to acquire Cuba for the following reasons. Firstly for commercial reason that is‚ Cuba would be a good market for American goods. Secondly‚ a slave state‚ planters form the Southern States of the United States wanted to acquire Cuba so that it would be made into a state where slavery could be continued. Thirdly‚ a military base‚ many Americans felt that Cuba could be used as a military base to protect
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Do you think people’s personality are the same ? Personality is the most difficult terminology to understand and describe. In short‚ Personality is the sum total of ways in which an individual reacts to and interacts with others. For example‚ you could have some friends who are more talkative than others. You may have some friends who love to be taken risks and others who are risk-averse. This consistency is an essential requirement for personality theory because it attributes a person’s behavior
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“More a series of separate regional conflicts than a single global war.” How far do you agree with this view of the Korean War and the Cuban Missile Crisis? This statement implies that the Korean War and the Cuban Missile Crisis both came about primarily because of conflicting local agendas‚ rather than because they were part of the larger‚ globalised Cold War. It also implies that the two were wholly unrelated‚ instead of being part of the continuing conflict between the two Cold War parties
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Ending the Embargo on Cuba Since 1962 the United States has implemented an embargo on Cuba‚ justifying it in the context of protecting the United States from the dangers of communism. This 50 year embargo has several original goals. The United States wanted Cuba to open up its economy and establish a democracy; weaken Cuba’s communist government; and force Fidel Castro out of power (Scott). These original goals were employed to essentially help Cuba from itself and to make a stance against communism
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Economic systems doesn’t remain static as they are always in transition. They are determined by history and culture of their people. A transition economy is an economy which is changing from a centrally planned economy to a free market. Transition economies undergo economic liberalization‚ where market forces set prices rather than a central planning organization. In addition to this trade barriers are removed‚ there is a push to privatize state-owned businesses and resources‚ and a financial sector
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Cuba has recently discovered oil reserves in offshore fields of Cuba’s share of the Gulf of Mexico that can approximately be rounded to contain 200 million barrels of natural recoverable oil. At the same time Cuba rejoices from this discovery coincedently the U.S is promoting to normalize relations with Cuba’s government. This significant discovery can lead for Cuba to stop their dependance on foreign oil and compete at hand with the US’s oil reserves and become part of the top 20 countries to produce
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Economic SYSTEM IN CUBA The Economic System in Cuba is known to be communism. Communism can be defined as a scheme of equalizing the social conditions of life. This system considers the termination of inequalities in the possession of property as well as the distribution of wealth equally to all individuals. Therefore‚ the means to achieve this is by the collectivization of all private property. By extension‚ collectivization is the process of forming collective communities where property and resources
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