Examveda

Cuban economy is based on

A. Fishing

B. Sugarcane cultivation

C. Iron ore mining

D. Dairying

Answer: Option B

Solution (By Examveda Team)

Cuban economy is based on Sugarcane cultivation. Sugarcane and the growth of slavery. During the 18th century Cuba depended increasingly on the sugarcane crop and on the expansive, slave-based plantations that produced it. In 1740 the Havana Company was formed to stimulate agricultural development by increasing slave imports and regulating agricultural exports.

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