Venezuela’s change in presidency and governmental representatives have caused major negative effects to not only the people but the environment around them. Hugo Chavez’s death was the worst thing that could have happened to them. They have since been under another president who has seen a once prominent nation with many resources dwindle to poverty and serious political struggles. Declining oil prices, 500% inflation plague, and failed economic policies have cost this ,once wealthy nation, a major amount of money and resources. Venezuela finds itself in deep political and economic turmoil after an untimely passing and only new general elections and a better humanitarian channel can help improve the problems that have invaded this declining nation.
“An Analysis of Venezuela from the student perspective”
The abundant supply of resources but steadily declining economy and environment in Venezuela has given them the worst inflation rate in the world for almost a decade now. Many people in Venezuela are out of jobs due to policies enforced by the government to disperse of any humanitarian ideas. When the previous president Hugo Chávez launched the socialist “Bolivarian revolution”, some wealthy Venezuelans left because of fear to future Cuban-style communism. Although most of the Venezuelan citizens stayed and many …show more content…
The policies he has placed on Venezuelans have caused for lower wages and higher prices on goods and services. This decreases annual wage significance by a large margin and promotes hunger and starvation. This has created a domino effect because many Venezuelans are resorting to crime and pure luck to find food to eat daily. This has also attributed to the re-rise of cured diseases and negative weight loss on the general
“An Analysis of Venezuela from the student perspective”
The abundant supply of resources but steadily declining economy and environment in Venezuela has given them the worst inflation rate in the world for almost a decade now. Many people in Venezuela are out of jobs due to policies enforced by the government to disperse of any humanitarian ideas. When the previous president Hugo Chávez launched the socialist “Bolivarian revolution”, some wealthy Venezuelans left because of fear to future Cuban-style communism. Although most of the Venezuelan citizens stayed and many …show more content…
The policies he has placed on Venezuelans have caused for lower wages and higher prices on goods and services. This decreases annual wage significance by a large margin and promotes hunger and starvation. This has created a domino effect because many Venezuelans are resorting to crime and pure luck to find food to eat daily. This has also attributed to the re-rise of cured diseases and negative weight loss on the general