Governments

individuals

business owners

banks

Scarcity and rationing of goods often occur

the market is inefficient

Individuals can decide what to produce and how much to produce

there are fewer choices than in a market economy

consumers

property owners

Government Officials

Companies

personal decisionmaking with regard to investments

the right to earn a profit based on individual effort

personal ownership of property

government intervention in the economy's decision making process

Workers who work harder could get paid more than usual

There could be more production than before the reform

Cuba could have higher GDP growth

Workers could have a guaranteed income