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Essay heading: Cubas current problems and how they relate to america
 
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Issue: Social Issues
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Date added: January 3, 2007
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No of pages / words: 6 / 1679
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However, the embargo hurt Cuban sugar trade, which was one of the main staples of the Cuban economy. The U.S. refused to buy Cuba's sugar crop. This made it difficult for Cuba to back currency with actual wealth such as dollars, but the government continued to print money, despite the lack of actual value...
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This, coupled with the fact that Cuba had little economy elsewhere, brought the country to its knees, money-wise. The Soviet Union stepped in and supported Cuba, selling it petroleum, buying its sugar crop, giving it funds that it needed to help sustain its government programs, and giving the Cuban peso more value...
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