0
Che Guevara, a leading comrade in the Cuban and world revolutionary movements of the 1950s and 1960s. Ernesto "Che" Guevara (June 14, 1928 - October 9, 1967), commonly known as El Che or simply Che, was an Argentine Marxist revolutionary, physician, author, intellectual, guerrilla leader, diplomat, military theorist, and major figure of the Cuban Revolution.
To Guevara, Soviet technological backwardness was a symptom of the stifling of socialist creative potential by trying to combine socialist planning at national level with capitalist management systems at enterprise level. In technical terms, the key issue was the use of the Auto-Financing System (AFS), promoted in Soviet manuals from the 1950s onwards, as against the Budgetary Finance System (BFS) favoured by Guevara. The AFS encouraged enterprise managers to maximise profits by using market mechanisms to determine prices, financing their own investments through credit and developing autonomous commercial relationships with other public enterprises with little regard for the national plan.
His financial plan brought the Cuban Peso to the lowest levels and the low levels exists until today.
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
What was a reason for tensions between the US and Cuba in the 1950s?
Many factors contributed to tensions between the U.S. and Cuba in the 1950s. Cuba's army was growing, Cuba was impoverished by communism coming to power, and American businesses were nationalized.
What is one kind of car that runs in cuba?
One kind is the 1957 chevrolet which is still on the road in Cuba. There are many classic 1950s American cars on the road in Cuba.
What country became a Communist foothold in the Western Hemisphere in the late 1950s?
Cuba did.
What was a reason for tensions between the US and Cuba in the 1950?
Many factors contributed to tensions between the U.S. and Cuba in the 1950s. Cuba's army was growing, Cuba was impoverished by communism coming to power, and American businesses were nationalized.
Who was the Socialist who led a successful revolution against Batista in Cuba in the late 1950s?
Fidel Castro
What were che guevaras achievements?
One of Che's accomplishmets is, being one of the lead
Che guevaras nick names?
el chanco, fuser, te-te
Who played the role of Tre Styles And what did you like about his role?
Cuba Gooding, Jr. played the role.
Is Jose guerra gay?
yes and Luis did Jose guevaras mom hard
Which Caribbean country has presented the most serious threat to US foreign policy interests since the 1950s?
CUBA
The CIA succeeded in overthrowing the governments of which two nations during the 1950s?
A) cuba gautemaloes, and eye ran
How might the form of government affect the role of the citizen in Cuba?
Cuba has a dictatorship, which limits the voting rights of the citizens.
