VENEZUELA
Venezuela, officially Bolivarian Republic of Venezuela, is the sixth largest country in South America, unique in landscape, flora, fauna, and wild life that rivals the larger nations in South America. In fact, due to it's uniqueness, Venezuela is as much a Caribbean country as it is a South American one. Venezuela lies at the northern extreme of South America, bordered by Columbia to the West, Brazil to the South, Guyana to the East, and the Caribbean Sea to the North. The country is just over 900,000 square kilometers , divided into 23 states. The area includes stretches of the Andes Mountains, huge areas of Amazonian rain forest, fertile plains, miles of Caribbean shoreline and even a small desert. The nation also has two geographical superlatives, the world'
The country was the world's third largest exporter of oil, its ninth largest producer of oil, and accounted for more oil reserves than any other nation in the Western Hemisphere. An elite class of businessmen, oil-company technicians , and large landowners controls most of the country's resources, while a large number of unskilled urban laborers and rural farm workers live in relative poverty. The distance between the two countries may be shorter than the U. Whatever economic development has occurred in Venezuela, is largely due to the enormous natural resources of oil. In 1973 the Organization of Oil producing countries [OPEC] succeeded in raising the price of oil drastically, a major boost to the economy. Although tourism can be tainted by corrupt politicians and drug cartels, the diversification may be what Venezuela needs to keep off International Welfare Assistance. 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. Because of its proximity to the Equator, Venezuela experiences few climatic variations, just two seasons, dry [December to April] and wet [May to November] and an average temperature of 27C. The national petroleum company, Venezulean Petroleum Corporation [PDVSA], was also the third largest international conglomerate. The country's gross domestic product in 1988 was approximately US $58 billion, or roughly US $3,100 per capita . Because of its immense mineral wealth, Venezuela in 1990 was poised to become an international leader in the export of coal, iron, steel, and aluminum. As a upper-middle income, oil-producing country, Venezuela enjoyed the highest standard of living in Latin America.
Common topics in this essay:
Organization Oil,
Banking Fishing,
Latin America,
December April,
South America,
Andes Mountains,
Maybe United,
Sea North,
Equator Venezuela,
Corporation PDVSA,
south america,
rich poor,
oil reserves,
country south,
petroleum industry,
third world,
third largest,
|