Write one paragraph about Switzerland and why it has a successful economy. Show what kind of economic system it has and what is the tax policy of Switzerland. Also, explain what Switzerland has done concerning contract enforcement, private property right, ensuring a strong educational system, and having a stable government, and the growth in real GDP as a benefit of
these policies.
Write one paragraph about Cuba and why it has a poor economic system, struggling tax collection. It has failed to evenhandedly enforce contracts and private property rights, has a poor educational system, lacks infrastructure, poor law enforcement, and thus has had slow economic growth. As you write about Cuba and Switzerland be sure to compare and contrast the difference in Economic Growth.
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