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to protest the presidents actions

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Brandy Ortiz

Lvl 13
3y ago

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Related Questions

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 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 does Venezuela have so much oil?

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


What is Venezuelas NativeLanguage?

Spanish


What natural resource is Venezuelas most valuable export?

Oil is Venezuela's most valuable export. The country has one of the largest oil reserves in the world and oil exports make up a significant portion of its government revenue.


Why is Peak Oil bad for us?

When oil runs short the price will skyrocket. Oil is a very important commodity in our economy. The higher the price rises the slower our economy will grow. At some point the economy will shrink. Capitalism does not work on a shrinking economy. Global meltdown will be the consequence - unless we find a replacement for oil by that time.