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introduction, Body Paragraph 1, Body Paragraph 2, Conclusion, ., . -…

- - - - "Nationalization destroyed production in affected industries because no government has the capacity to run thousands of businesses or the profit motive to run them efficiently." (Di Martino 2019)
    - - "Welfare programs that were supposed to help the poor actually increased the cost of living. A foreign currency control that aimed to reduce inflation only increased it and allowed for massive corruption. And nationalizations that should have given “power” to workers only left them unemployed and hungry." ( Di Martino 2019)
    - - "The socialist regime also implemented price ceilings on hundreds of basic products such as beef, milk and toilet paper. At artificially low prices, more people were willing to buy these products but the few private factories left—not nationalized—could not profit at the government-capped price, so they reduced or halted their production." (Di Martino 2019)
  - - - "Venezuela has been in the grip of an economic crisis for years now with hyperinflation one of the main problems." (BBC 2021)
    - - "Since taking power, he has been accused of undermining democracy and violating human rights in Venezuela, which is in the grip of a severe economic crisis." ( BBC 2019"
- - - - In 1959 Cuba sufered the cuban revolution where Fifdel Castro took the power and implement these "new revolutionary" idea of socialism in Cuba bringing with that very bad consequences because the countrie enter in a very deep crisis due to the economic policies that the goverment in Cuba take.
        
        Cuba elimited all the private ownership of the countrie making that every private buisness was owned by the goverment making that the production falls and was affected due to this policie the goverment took.
      - The socialist ideas in cuba make tha USA block them for all economic activity cuba do making worse the crisis Cuba was living due to the ideas and the policies that were taken in the countrie.
        
        USA decide to put an embargo to Cuba due that the ideals that Cuba follows are very similar to the ones of the soviet union that was the enemy number one for USA in all the terms, so they saw Cuba as a possible threat because they were allies of the soviet Union. That embargo affect Cuba in a very bad way because they dont have any economic support because The Soviet Union was in a very bad economic crisis.
        
        "In short, the US embargo impacts every aspect of life on the island – and that is the precisely the point. Sixty years ago on this day, President John F Kennedy introduced Proclamation 3447, Embargo on All Trade with Cuba, designed to isolate Cuba and stop the spread of so-called Sino-Soviet Communism “Every possible means should be undertaken promptly to weaken the economic life of Cuba,” the assistant secretary of state, Lester D Mallory, wrote in an April 1960 memo. The goal of the Kennedy administration was clear: “To bring about hunger, desperation and overthrow of government.” " (Aller 2022)