QUESTION 5 Which of the following countries is socialist?
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Beyond the Answer
Socialism, in its various forms, has influenced many countries, but one of the most recognized examples is Cuba. After the 1959 revolution led by Fidel Castro, Cuba established a one-party socialist state with a focus on central planning and state ownership of resources. This has shaped its unique social and economic landscape, making it a notable case study in socialist governance. Another notable example is Vietnam, which has been described as "socialist-oriented market economy." After unification in 1976, the Communist Party maintains significant control over the economy while allowing for market reforms. This hybrid approach has spurred economic growth while still upholding socialist ideals, demonstrating how socialism can adapt to modern economic challenges.
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