The viscous material was crude oil. It was not until the s, however, that oil production began in Venezuela. There are also substantial coal reserves, and exploitation of the recently discovered Guasare Basin field is expected to add 10 million tons to annual production.
Wikipedia History Human habitation of Venezuela is estimated to have commenced at least 15, years ago, from which period leaf-shaped flake tools, together with chopping and plano-convex scraping implements, have been found exposed on the high riverine terraces of the Rio Pedregal in western Venezuela.
In the 16th century, when the Spanish colonization of Venezuela began, indigenous peoples such as the Mariches, themselves descendants of the Caribs, were systematically killed. Indian caciques leaders such as Guaicaipuro and Tamanaco attempted to resist Spanish incursions, but were ultimately subdued; Tamanaco himself, by order of Caracas' founder Diego de Losada, was also put to death.
Originally part of the Viceroyalty of Peru, most of Venezuela eventually became part of the Viceroyalty of Venezuela bolivar essay Granada; portions of eastern Venezuela were incorporated into New Andalusia.
After a series of unsuccessful uprisings, Venezuela—under the leadership of Francisco de Miranda, a Venezuelan marshal involved in the French Revolution—declared independence on 5 July This began the Venezuelan War of Independence. However, a devastating earthquake that struck Caracas intogether with the rebellion of the Venezuelan llaneros, helped bring down the first Venezuelan republic.
Much of Venezuela's nineteenth century history was characterized by political turmoil and dictatorial rule.
Since that year, Venezuela has had a series of democratically elected governments. The discovery of massive oil deposits, totaling some million barrels, during World War I prompted an economic boom that lasted into the s; byVenezuela's per capita GDP was Latin America's highest, and globalization and heavy immigration from Southern Europe and poorer Latin American countries markedly diversified Venezuelan society.
The collapse of oil prices in the s, and the huge public spending and accumulation of internal and external debts by the government and private sector during the Petrodollar years of the s and early 80s, crippled the Venezuelan economy.
As the government devalued the currency in order to face its mounting local and external financial obligations, Venezuelans' real standard of living fell dramatically.
It is estimated that state security forces ended up killing between and 3, Venezuelans following the riots, between February 27 and March 5 of A number of failed economic policies and increasing corruption in government and society at large led to rising poverty and crime and worsening social indicators and increasing political instability, resulting in three major coup attempts, two in and another in In the February coup, Hugo Chavez, a former paratrooper, attempted to overthrow the government of President Carlos Andres Perez as anger grew against the President's economic austerity measures.
Chavez was unsuccessful and landed up in jail. Capital flight before and during the strike led to the reimposition of currency controls which had been abolished inmanaged by the CADIVI agency.
In the subsequent decade the government was forced into several currency devaluations.
These devaluations have done little to improve the situation of the Venezuelan people who rely on imported products or locally produced products that depend on imported inputs while dollar denominated oil sales account for the vast majority of Venezuela's exports.
He was elected for another term in December and re-elected for a third term in October However, he was never sworn in for his third period, due to medical complications. The Democratic Unity Roundtable the government opposition cartel contested his appointment as a violation of the constitution.Simon Bolivar Essay Words | 3 Pages.
BEGINNING Simon Jose Antonio de la Santisima Trinidad Bolivar was born in Caracas on July 24, to don Juan Vicente Bolivar y Ponte y dona Maria de la Concepcion Palacios y Blanco. Simon received an excellent education from his tutors, Simon Rodriquez and Andres Bello.
Venezuela's political and economic crisis has done deep and lasting damage to its population’s health.
In the past year, percent of the population has lost weight -- an average of kilograms (19 pounds) per person – because of food scarcity, according to a recent study by three of Caracas' largest universities (UCAB, USB and UCV) and the nonprofit Bengoa Foundation.
Bolivar Essay Words | 5 Pages. Draft One of Term Paper on: Simon Bolivar IBH History of the Americas Simon Bolivar does not deserve the title of “Liberator of Latin America.” Latin America as we know it today has undergone many changes throughout . Simon Bolivar (July 24, – December 17, ) was a Venezuelan political leader.
Together with Jose de San Martin, he played a key role in Latin America’s successful struggle for independence from Spain. Following the triumph over the Spanish Monarchy, Bolivar participated in the foundation.
SIMON BOLIVAR essays In studying Simon Bolivar it is found that he changed the history of the world by organizing and achieving the independence for much of Latin America and northern South America from Spanish rule during the late s to the early s, both during his life time and afterwards.
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