Venezuela 's Presidency And Leadership

1315 Words Nov 17th, 2016 6 Pages
Latin America’s history has been paved by the various social movements that give a voice to the indigenous and the forgotten populations. In Venezuela, the Bolivarian Revolution sparked a movement that fought to liberalize the country from the elitist and foreign influence. Under Hugo Chavez’s presidency and leadership, the Bolivarian Revolution flourished as a leftist social movement in pursue of popular democracy, economic independence, equality, and an end to political corruption. In this paper I will discuss the origin of such an impactful movement, its significance, success and failure. As well as, how it shaped Venezuela’s present day.
During the 20th century, Venezuela’s agricultural based economy transition into an economy heavily based on the exportation of oil, thus increasing the country’s GDP in Latin America. Although, the export of oil increased Venezuela’s economic power, it also brought an immense amount of inequality between the elites and ordinary citizens. In addition, Venezuela experienced an economic crisis in the 1980s and 1990s, thus leading to a political crisis, which motivated the people of Venezuela to demand a change. The Bolivarian Revolution began in 1992 after Hugo Chavez attempt to overthrow the current president, Carlos Andres Perez, failed. In 1994, Chavez transformed what was once his military coup into a revolutionary, anti-system movement. Following Chavez’s release from prison, he took office as president of Venezuela in 1999…
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