Venezuela has an economy that is dominated by petroleum and possesses the largest oil reserves in the Western Hemisphere. The country's heavy reliance on oil exports has significantly influenced its economic structure and development. Despite its vast reserves, Venezuela has faced numerous economic challenges, including mismanagement and political instability, impacting its oil production capacity.
The word 'capitalism' was coined about 1880 by Karl Marx to describe the way businesses were financed in the west, in contrast to his preferred system of socialism. These are economic and governmental distinctions, not religions. The economic value of his arguments is exposed by the fact that socialism was always financed by gifts from western banks, and when the gifts dwindled the regime collapsed.
For individual nations: welfare capitalism (for states); multi-national corporation (for business). For the West as a whole: the Bretton Woods system.
Globalization
The word 'capitalism' was coined about 1880 by Karl Marx to describe the way businesses were financed in the west, in contrast to his preferred system of socialism. These are economic and governmental distinctions, not religions. The economic value of his arguments is exposed by the fact that socialism was always financed by gifts from western banks, and when the gifts dwindled the regime collapsed.
economic fervor
BELGIUM was the Western power that dominated The BELGIAN Congo.
Communism is an economic system almost the opposite of capitalism. Capitalism is the ownership of property and the means of production and wealth is in the hands of private entities. Communism is ownership of property and the means of production by the government and wealth shared with all.
Venezuela has an economy that is dominated by petroleum and possesses the largest oil reserves in the Western Hemisphere. The country's heavy reliance on oil exports has significantly influenced its economic structure and development. Despite its vast reserves, Venezuela has faced numerous economic challenges, including mismanagement and political instability, impacting its oil production capacity.
europe
None
The word 'capitalism' was coined about 1880 by Karl Marx to describe the way businesses were financed in the west, in contrast to his preferred system of socialism. These are economic and governmental distinctions, not religions. The economic value of his arguments is exposed by the fact that socialism was always financed by gifts from western banks, and when the gifts dwindled the regime collapsed.
the presumed reason was that some islamist terrorists believed opposite to western capitalism and the world trade center to them was western capitalism
For individual nations: welfare capitalism (for states); multi-national corporation (for business). For the West as a whole: the Bretton Woods system.
Marx
No countries dominated Western Europe after WW2 as all Nazi-occupied countries were freed and become independent once more.
Western Union