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to protest the presidents actions

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Brandy Ortiz

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Q: How is oil important to Venezuela's economy?
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What does venezuelas economy rely on?

Venezuela's economy relys heavenly on oil


What resources have changed venezuelas economy?

Oil and natural gas.


How has Venezuelas changed since the oil boom?

With Venezuela dropping the prices of oil, it can make their economy low and it is hurting people in Venezuela even though sometimes they have to pay less.


What are Venezuela's main economic activities?

Venezuela's economy is highly dependent on oil exports. The recent fall in oil prices has damaged the economy there. prices can fluctuate so there is always a chance that their economy will improve if and when oil prices rise.


What natural resource is Venezuelas most valuable export?

Oil


What is Venezuelas most important export?

sugar


What lake is South America's largest lake and contains some of Venezuelas most important oil field?

it's Lake Maracaibo


How is oil important to Venezuela econonmy?

Venezuela's oil-based economy illustrates the affects of overspecialization. When oil prices are high, its economy is strong. When oil prices drop, its economy weakens.


Why is oil important to your economy?

Oil is important to the economy because people have to use oil in their daily lives. For an example, people use their cars for transportation their car runs on iol also know as petroleum.


Why is it important to recycle polymers?

* Economy of methan gas and oil * Avoiding pollution * Economy of energy


Why does Venezuela have so much oil?

Oil is important to Venezuela, because it is most of Venezuela's economy.


What is Venezuelas NativeLanguage?

Spanish