Which of the following countries has an economic system based solely o

QUESTION

Which of the following countries has an economic system based solely on nonmaterial incentives such as status?

A) United States
B) Japan
C) India
D) England
E) Cuba

ANSWER

Answer: E
Explanation: E) As a purely communist country, Cuba’s economy provides no material incentives, such as money, for production. Only nonmaterial incentives, such as status recognition, can serve as an economic incentive.