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What happened to american businesses when castro came to power

1 Answer

10 votes

Answer:

The one that operated in Cuba taken over by communist government

Step-by-step explanation:

The communist government led by Fidel Castro implemented a centralized Economy. This system allow the government to take ownership over all the resources that exist in the country and decide every single economic activity that can happen in the country.

This mean that the private business that previously owned by American people changed ownership and taken by Cuban government. US government tried to took back the businesses through diplomatic route, but it all ended up in Failure since

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User Maxdebayser
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