steel and aluminum, and revive the agricultural sector. From the 1950s to the beginning of the 1980s the Venezuelan economy was the strongest in South America. The continuous growth during that period attracted many immigrants. With the collapse of oil prices during the 1980s the economy contracted. As oil prices have increased in recent years, Venezuela's economy has strengthened, with GDP growing by about 10 percent a year...
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The continuous growth during that period attracted many immigrants. With the collapse of oil prices during the 1980s the economy contracted. As oil prices have increased in recent years, Venezuela's economy has strengthened, with GDP growing by about 10 percent a year. The Government of Venezuela has opened up much of the hydrocarbon sector to foreign investment, promoting multi-billion dollar investment in heavy oil production, reactivation of old fields, and investment in several petrochemical joint ventures...
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Brazil Venezuela is divided into twenty-three states, a capital district corresponding to the city of Caracas. Venezuela is further subdivided into 335 municipalities each with their own subcities and districts...	1 / 238
village To begin with the Venezuelan government faces many problems unlike the one in the United States. For example Venezuela is being run by a dictator Hugo Chavez and because of his inability to run a country properly Venezuela has even more problems to face...	1 / 159
Terrible Venezuela Paper dollar at an exchange rate of 2150 bolivares to the dollar. So it is a really cheap form of money...worse than peso's and Canadian money. Venezuela is also highly dependent on its agricultural...	3 / 579
venuzuela Although the petroleum industry has dominated the Venezuelan economy since the 1920s, aluminum, steel, and petrochemicals are catching up. As long as there is a class system separating the rich from the poor and unstable government, and a high birth rate, the oil reserves cannot take the country out of it's third world grouping with South America...	2 / 367