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Cuban Sugar Economy
The Cuban sugar economy is the principal agricultural economy in Cuba. Historically, the Cuban economy relied heavily on sugar exports, but sugar production has declined since the breakup of the Soviet Union in 1991. In 2015, raw sugar accounted for $378 million of Cuba's $1.4 billion exports. Colonial era Spain began growing sugarcane in Cuba in 1523, but it was not until the 18th century that Cuba became a prosperous colony. The outbreak of the Haitian Revolution in 1791 influenced Cuban planters to demand the free importation of slaves and the easing of trade relations in an effort to replace Haiti as the main sugar producer in the Caribbean. Annual sugar production grew from 14,000 tons in 1790 to over 34,000 tons in 1805. Cuba was opened to free trade with all nations in 1818, leading to substantial commercial relations with the United States. A severe decline in the price of coffee in the 1840s resulted in further reinvestment of capital, land, and labor into sugar prod ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cuba
Cuba ( , ), officially the Republic of Cuba ( es, República de Cuba, links=no ), is an island country comprising the island of Cuba, as well as Isla de la Juventud and several minor archipelagos. Cuba is located where the northern Caribbean Sea, Gulf of Mexico, and Atlantic Ocean meet. Cuba is located east of the Yucatán Peninsula (Mexico), south of both the American state of Florida and the Bahamas, west of Hispaniola ( Haiti/Dominican Republic), and north of both Jamaica and the Cayman Islands. Havana is the largest city and capital; other major cities include Santiago de Cuba and Camagüey. The official area of the Republic of Cuba is (without the territorial waters) but a total of 350,730 km² (135,418 sq mi) including the exclusive economic zone. Cuba is the second-most populous country in the Caribbean after Haiti, with over 11 million inhabitants. The territory that is now Cuba was inhabited by the Ciboney people from the 4th millennium BC with the Gua ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Spanish–American War
, partof = the Philippine Revolution, the decolonization of the Americas, and the Cuban War of Independence , image = Collage infobox for Spanish-American War.jpg , image_size = 300px , caption = (clockwise from top left) , date = April 21 – August 13, 1898() , place = , casus = , result = American victory *Treaty of Paris (1898), Treaty of Paris of 1898 *Founding of the First Philippine Republic and beginning of the Philippine–American War * German–Spanish Treaty (1899), Spain sells to Germany the last colonies in the Pacific in 1899 and end of the Spanish Empire in Spanish colonization of the Americas, America and Asia. , territory = Spain relinquishes sovereignty over Cuba; cedes Puerto Rico, Guam and the Philippine Islands to the United States. $20 million paid to Spain by the United States for infrastructure owned by Spain. , combatant1 = United State ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Cuba
The economy of Cuba is a mixed command economy dominated by state-run enterprises. Most of the labor force is employed by the state. In the 1990s, the ruling Communist Party of Cuba encouraged the formation of worker co-operatives and self-employment. In the late 2010s, private property and free-market rights along with foreign direct investment were granted by the 2018 Cuban constitution. Foreign direct investment in various Cuban economic sectors increased before 2018. , public-sector employment was 76% and private-sector employment (mainly composed of self-employment) was 23%, compared to the 1981 ratio of 91% to 8%. Investment is restricted and requires approval by the government. In 2019, Cuba ranked 70th out of 189 countries on the Human Development Index, placed in the high human development category. , the country's public debt comprised 35.3% of GDP, inflation (CDP) was 5.5%, and GDP growth was 3%. Housing and transportation costs are low. Cubans receive government-subs ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Agriculture In Cuba
Agriculture in Cuba has played an important part in the economy for several hundred years. Today, it contributes less than 10% to the gross domestic product (GDP), but it employs about 20% of the working population. About 30% of the country's land is used for crop cultivation. History Cuba's agricultural history can be divided into five periods, reflecting Cuban history in general: * Precolonial Cuba (before 1492) * Spanish colonial Cuba (1492–1902) * Republic of Cuba (1902–1959) * Cuba under Fidel Castro, pre-dissolution of the Soviet Union (1959–1992) * Special Period (1993–present) During each of these periods, agriculture in Cuba has confronted unique obstacles. Before the 1959 Cuban Revolution, the agricultural sector in Cuba was largely oriented towards and dominated by the US economy. After the Revolution, the revolutionary government nationalised farmland, and the Soviet Union supported Cuban agriculture by paying premium prices for Cuba's main agricultural p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Comecon
The Council for Mutual Economic Assistance (, ; English abbreviation COMECON, CMEA, CEMA, or CAME) was an economic organization from 1949 to 1991 under the leadership of the Soviet Union that comprised the countries of the Eastern Bloc along with a number of socialist states elsewhere in the world. The descriptive term was often applied to all multilateral activities involving members of the organization, rather than being restricted to the direct functions of Comecon and its organs. This usage was sometimes extended as well to bilateral relations among members because in the system of communist international economic relations, multilateral accords typically of a general nature tended to be implemented through a set of more detailed, bilateral agreements. Comecon was the Eastern Bloc's response to the formation in Western Europe of the Marshall Plan and the OEEC, which later became the OECD. Name in official languages of the members History Foundation The Comecon was fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Embargo Against Cuba
The United States embargo against Cuba prevents American businesses, and businesses organized under U.S. law or majority-owned by American citizens, from conducting trade with Cuban interests. It is the most enduring trade embargo in modern history. The US first imposed an embargo on the sale of arms to Cuba on March 14, 1958, during the Fulgencio Batista regime. Again on October 19, 1960, almost two years after the Cuban Revolution had led to the deposition of the Batista regime, the US placed an embargo on exports to Cuba except for food and medicine after Cuba nationalized the US-owned Cuban oil refineries without compensation. On February 7, 1962, the embargo was extended to include almost all exports. The United Nations General Assembly has passed a resolution every year since 1992 demanding the end of the US economic embargo on Cuba, with the US and Israel being the only nations to consistently vote against the resolutions. , the embargo is enforced mainly through the Tradi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fidel Castro
Fidel Alejandro Castro Ruz (; ; 13 August 1926 – 25 November 2016) was a Cuban revolutionary and politician who was the leader of Cuba from 1959 to 2008, serving as the prime minister of Cuba from 1959 to 1976 and president from 1976 to 2008. Ideologically a Marxist–Leninist and Cuban nationalist, he also served as the first secretary of the Communist Party of Cuba from 1961 until 2011. Under his administration, Cuba became a one-party communist state; industry and business were nationalized, and state socialist reforms were implemented throughout society. Born in Birán, the son of a wealthy Spanish farmer, Castro adopted leftist and anti-imperialist ideas while studying law at the University of Havana. After participating in rebellions against right-wing governments in the Dominican Republic and Colombia, he planned the overthrow of Cuban President Fulgencio Batista, launching a failed attack on the Moncada Barracks in 1953. After a year's imprisonment, Castro travel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cuban Revolution
The Cuban Revolution ( es, Revolución Cubana) was carried out after the 1952 Cuban coup d'état which placed Fulgencio Batista as head of state and the failed mass strike in opposition that followed. After failing to contest Batista in court, Fidel Castro organized an armed attack on the Cuban military's Moncada Barracks. The rebels were arrested and while in prison formed the 26th of July Movement. After gaining amnesty the M-26-7 rebels organized an expedition from Mexico on the Granma yacht to invade Cuba. In the following years the M-26-7 rebel army would slowly defeat the Cuban army in the countryside, while its urban wing would engage in sabotage and rebel army recruitment. Over time the originally critical and ambivalent Popular Socialist Party would come to support the 26th of July Movement in late 1958. By the time the rebels were to oust Batista the revolution was being driven by the Popular Socialist Party, 26th of July Movement, and the Directorio Revoluci ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sergeants' Revolt
The Cuban Revolution of 1933 ( es, Revolución cubana de 1933), also called the Revolt of the Sergeants, was a coup d'état that occurred in Cuba in September 1933. It began as a revolt of sergeants and enlisted men in the military, who soon allied with student activists in the Directorio Estudiantil Universitario. The coup deposed Carlos Manuel de Céspedes y Quesada as President, installing a new government led by a five-man coalition, known as the Pentarchy of 1933. After only five days, the Pentarchy gave way to the presidency of Ramón Grau, whose term is known as the One Hundred Days Government. The leader of the revolt, Sergeant Fulgencio Batista, became the head of the armed forces and began a long period of influence on Cuban politics. Background The authoritarian policies of Gerardo Machado and the Great Depression beginning in 1929 plunged Cuba into an economic and social crisis, amidst which opposition groups proliferated. Pressure and demonstrations by the Directo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Smoot–Hawley Tariff Act
The Tariff Act of 1930 (codified at ), commonly known as the Smoot–Hawley Tariff or Hawley–Smoot Tariff, was a law that implemented protectionist trade policies in the United States. Sponsored by Senator Reed Smoot and Representative Willis C. Hawley, it was signed by President Herbert Hoover on June 17, 1930. The act raised US tariffs on over 20,000 imported goods. The tariffs under the act, excluding duty-free imports (see Tariff levels below), were the second highest in United States history, exceeded by only the Tariff of 1828. The Act prompted retaliatory tariffs by affected states against the United States. The Act and tariffs imposed by America's trading partners in retaliation were major factors of the reduction of American exports and imports by 67% during the Depression. Economists and economic historians have a consensus view that the passage of the Smoot–Hawley Tariff worsened the effects of the Great Depression. Sponsors and legislative history In 1922, Co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
India
India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the south, the Arabian Sea on the southwest, and the Bay of Bengal on the southeast, it shares land borders with Pakistan to the west; China, Nepal, and Bhutan to the north; and Bangladesh and Myanmar to the east. In the Indian Ocean, India is in the vicinity of Sri Lanka and the Maldives; its Andaman and Nicobar Islands share a maritime border with Thailand, Myanmar, and Indonesia. Modern humans arrived on the Indian subcontinent from Africa no later than 55,000 years ago., "Y-Chromosome and Mt-DNA data support the colonization of South Asia by modern humans originating in Africa. ... Coalescence dates for most non-European populations average to between 73–55 ka.", "Modern human beings—''Homo sapiens''—originated in Africa. Then, int ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sugarcane
Sugarcane or sugar cane is a species of (often hybrid) tall, Perennial plant, perennial grass (in the genus ''Saccharum'', tribe Andropogoneae) that is used for sugar Sugar industry, production. The plants are 2–6 m (6–20 ft) tall with stout, jointed, fibrous stalks that are rich in sucrose, which accumulates in the Plant stem, stalk internodes. Sugarcanes belong to the grass family, Poaceae, an economically important flowering plant family that includes maize, wheat, rice, and sorghum, and many forage crops. It is native to the warm temperate and tropical regions of India, Southeast Asia, and New Guinea. The plant is also grown for biofuel production, especially in Brazil, as the canes can be used directly to produce ethyl alcohol (ethanol). Grown in tropical and subtropical regions, sugarcane is the world's largest crop by production quantity, totaling 1.9 billion tonnes in 2020, with Brazil accounting for 40% of the world total. Sugarcane accounts for 79% of sug ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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