Venezuela's Economic Crisis

When Christopher Columbus discovered the coast of Venezuela, he thought he had encountered an earthly paradise, today that grace land is ravaged by famine, inflation, scarcity, violence, social and political conflicts; “social implosion [being] driven by economic collapse, caused by shockingly self-destructive policy making” (Toro, 1). Venezuela’s antidemocratic government and its lack of foresight has created a severe economic crisis crumbling health care system and a lack of basic necessities and is jailing innocent people who object.

The country of venezuela is hot, humid,and located in nothern south america.The capitol of venezuela is caracus. The name venezuela came from the explorer , alonso de ojedo ,because he admired how much it reminded him of venice. Earleist records of venezuela date back to march 30th 1845 when christopther made his third voyage in search of gold.Settlers would go to venezuela to trade for their resources because venezuela was known as the riches country.Venezuela would trade natural resiurces like : petroleum natural gas,iron ore gold minerals and diamonds.They first gained independence in 1811 on july 5th ; by the help of jose prudencio.

The United States and Venezuela have not had been the best relations with one another. Now that the former President Hugo Chávez has passed away, there are still high hopes for the US that all of that will change. Currently, Venezuela is in a tight struggle right now and if it were not for the US they would be still standing. Venezuela is powerful when it comes to their oil, and have very strong polices: however these policies are not working like before so there are some considerations that might be an eye opener for you. Presenting that Venezuela should be giving with their assets the way the Americans are giving with theirs.

Venezuela and the United States, two countries vastly different economically. One of them is one the biggest economies on the world; albeit with many problems, the other, a crumbling state facing the harsh difficulties of the drop in oil prices; its main source of revenue. For either of them, young people represent the future. But whether they are newly graduated in Venezuela or in the United States, young people must face an array of problems when it comes time to join the workforce and become one of its country’s productive citizens. In the US, a large amount of debt, lack of work experience, low wages, and underemployment are some of the problems they face. In Venezuela, it is not much different, you just need to add great economic instability and high emigration rates to the mix in exchange for debt.

The Bolivarian Republic of Venezuela is the northernmost country in South America. Even though its location makes it a tropical region, this country posses a variety of climates going from warm at the Caribbean islands to alpine and humid at the mountains of Los Andes. This paper discovers the different tourist areas of Venezuela. The purpose of this research is to demonstrate the variety of climates, lands and regions that make this country the perfect tourist destination. First, we will cover some of the history and economy of Venezuela, as well as its location in the map and the oceans and countries that border it. Then, the climate and topography of the country are going to be explained in detail. Finally, we are going to explore the

An example of intervention is when the U.S. attempted to mediate the Venezuela- Great Britain dispute in 1895. Great Britain and Venezuela was disputing about who should get the gold. The U.S. intervened to try and stop the dispute. They used the Monroe Doctrine to make sure that Great Britain couldn’t take over any more land. And that is was intervention is, a foreign country(America) getting involved with other countries matters (Great Britain and Venezuela).

Eight thousand two hundred and forty-two F. The person currently living in Venezuela with this number can only get food on Fridays, if there is even any left. In 2013, Venezuela was voted the happiest country. Today it has the second highest murder rate in the world. How did such a promising country get this way? What pushed Venezuela to where it is now and how are the people affected? It was Hugo Chavez’s and Nicolás Maduro's power and decisions that led the nation to crisis and left the people and country broke, starving, or dead.

Throughout this assignment, our job as students was to develop a plan in order to have knowledge about the country we were planning to discuss, the country I decided to talk about in this assignment is Venezuela. Venezuela was given the name of Bolivarian Republic of Venezuela since 1999. Venezuela is located on the northern coast of South America, the country is compromised with numerous islands from the Caribbean Sea. It borders Brazil from the south,Colombia from the west and Guyana from the east. A little history about Venezuela, this country became a Spanish colony in the 1520’s. In 1830, Venezuela withdrew from Gran Colombia and became an independent republic. Most of Venezuela’s 19th century history was characterized by periods of political instability, dictatorial rule and then followed by a succession in the first half of the 20th century(CountryWatch). Hugo Chavez became president in 1999 and continuously became elected until 2013, the current president of Venezuela is Nicolas Maduro(CountryWatch).

I am writing this to you to address the current economic crisis that is currently afflicting your country. Your country thrived for many years on large oil reserves but due to the oil market your countries economy is now suffering. It is my hope that after addressing your strengths and short comings that you can utilize my suggestions as an outsider looking in and we may work together to start on the path to securing a financially stable Venezuela. I know taking advice from an outsider may seem illogical but I have thoroughly analyzed your your countries economy and the burdens that it has caused for your people and have worked to create solutions

Some people will never experience a culture, other than their own. If, one does, there are many to choose from. One choice is Venezuela, Venezuela appear to be a county that is filled with people who hold storing and are proud of their county and their heritage. This essay on Venezuela will be inclusive of, customs, taboos, superstitions, values, language, education, religion, traditions, holidays, and ways of celebrate

Reports state that the Venezuela economy is going through some really rough times. This affects the people and industry on several levels. The downturn in the economy has also led to a shut down of the Coke production plant in Venezuela. In fact, Coca Cola has suspended all production in the country. This is disheartening news for the people that work in the industry and the stock market. Clearly, the shutdown is due to the lack of an important ingredient in the product. That important ingredient is sugar.

With an economy dominated by the production of oil, Venezuela has enjoyed the highest standard of living in Latin America. In spite of its success in the oil industry, agriculture and manufacturing also play important roles in Venezuela’s economy. With this in mind, it would seem as though Venezuela’s economic state has flourished. Rather, it has suffered from the effects of political influence, corruption, and poor economic management. The distribution of wealth across Venezuela has caused the elite to benefit at the cost of the working people. This is mainly due to the economic and political structure of the country. Even with the plentiful resources Venezuela possesses, it is constantly being threatened by political instability,

Venezuela currently has a population of 31 million people. Venezuela is still growing in numbers, and it’s getting harder for the government to provide health care for their people. Venezuela’s population is 1.9 times larger than South America. The country is mainly urban, and the wealth rate is declining. The resources per person needs to be the same, and as of now that’s not the case. Overall fertility rates are failing in Latin America. In 2015 the population was six times the size that it was in 1950, and the United Nations projects that it will be nine time larger by 2050, and still growing at that point, despite the long-term decline in fertility. (Latin America) Although there are many economic crisis in Venezuela, this isn’t preventing them from having children in higher numbers. This could be the shortage of health care.

The oil-rich Bolivarian Republic of Venezuela, located on the northern coast of South America, was for many decades considered among the wealthiest nations in the entire continent. While having the largest proven oil reserves in the world has often proved a tremendous boon for Venezuela, the very black gold that has been the cause of its success has also proven to repeatedly be its kryptonite. Over half of the nation’s Gross Domestic Product stems from petroleum exports – which equates to approximately 95% of total exports. It is really not too hard to imagine what drastic consequences shifts in global oil prices could have on the economy.

Venezuela has the world’s largest oil reserves and by 1960, it became the wealthiest country in Latin America. Petróleos de Venezuela (PDVSA), the state owned company, was the key to economic and social development in Venezuela under president Hugo Chavez. His government was settled in an environment where the oil prices were rising and the economy was booming, so he was able fund social programs and practices that were popular to the poor masses. This wealthy and growing Venezuela made Chavez to be very popular and his regime very powerful. Oil revenue accounted for nearly 90% of exports, more than 50% of government revenue, and 35% of country’s GDP.