ipl-logo

Hugo Chavez And Venezuela's Worst Crisis

1017 Words5 Pages

Nowadays, Venezuela has experienced one of the biggest and the worst crisis. Hugo Chavez and Nicolas Maduro led the country to such political and economic situation. Venezuela has such major economic problems that complicate the development of the country: the minimum wage is not cover even the basic people` needs; country doesn’t have enough currency to buy a product; the medicines` deliveries decreased; many manufacturers are not working because of the lack of raw materials; to buy the most necessary products, people should stand every day in the long lines; also, every day, in country, there is many protest action against the Venezuela government.
Hugo Chaves is a legendary figure in Venezuela, who nationalized industries and spend a huge amount of money into social programsб, but he drove the country into the debt pit. After the Chavez death, the Nicolas Maduro became the president in 2013. In a few months later, the price collapse happened because of the wrong-chosen government strategy. In 2015, Venezuela had the biggest level of inflation in the world, 180%. Moreover, Maduro failed in the attempt to crack down the corruption. Therefore, nowadays, he tries to hold all power, and Venezuela is going from democracy …show more content…

Furthermore, it is hard to understand what will be the future for Venezuela. To stabilize and improve the economic and political situation inside the country, it is important to establish the price and currency control systems; decrease the level of corruption; produce the most basic products that are required by people to survive, the country should become less dependable from foreign products (Ellis, 2017). There are few things that can help the country to improve the economy – find investors who are not afraid of loans and expand the access to Venezuela` oil

Show More
Related
603 Words | 3 Pages

Do you know who "El Libertador" is? Simon Bolivar was a Venezuelan military and political pioneer who helped Latin American nations to accomplish their autonomy from Spain. Amid his lifetime, he helped nations, for example, Venezuela, Colombia, Ecuador, Peru and Bolivia to freedom. He likewise establish the frameworks of majority rule government in Latin America acting as president from 1819 to 1830 of the Hispanic-American republic known as Gran Colombia. Simon Bolivar was conceived July 1783, in Caracas, Venezuela to rich respectable folks in Venezuela.

Read More
250 Words | 1 Pages

Wright continues the telling of this historical event, under the topic of Fidelismo and the radicalization of Latin American politics. The combination of Castro’s actions and Che Guevara’s calls for revolution in the western hemisphere had a direct and profound effect on Latin American politics. This powerful force came to be known as Fidelismo and broken down to its core “it was simply the attitude that revolution should be pursued immediately” (Wright p. 39). On of the most noticeable symptoms of Fidelismo was an intense growth of demands for change. Wright notes that during this time, the intensity of political activities in many other Latin American countries increased, especially after Castro’s victory.

Read More
2143 Words | 9 Pages

Simón Bolívar: His Influence on the 19th century Venezuelan Revolutions Total Word Count: 1954 Simón Bolívar and Venezuelan Independence A. Plan of Investigation Why, and with what results, did Simón Bolívar play a role in the revolutionary movement of Venezuela in the early to mid-1800s? Venezuela, in the late 18th century and early 19th century, was an economic powerhouse as well as an intellectual hub for Latin America. By the time Simón Bolívar led his Admirable Campaign, the country no longer had a dependence on its Spanish colonizers, and independence was inevitable. In this research paper, I will attempt to connect the proceedings of the Venezuelan War of Independence to the famous revolutionary,

Read More
71 Words | 1 Pages

Nicolas Maduro, like Castro, gained immense power in office and became dictator-like. When Maduro first gained power, he almost immediately imprisoned any opposition (Political Party). He also doesn’t like people criticizing him as the death toll of citizens in riots rose past 100 (as of July 27, 2017). He also doesn’t impose any punishment on his soldiers if they do something wrong which is why the death toll raised so

Read More
953 Words | 4 Pages

The unpopularity of the government’s actions, social unrest marked by movements and protests, and the poor management of the economic side of the

Read More
171 Words | 1 Pages

High oil prices helped the Chavez government to gain higher income through the export of oil and it helped in reducing the unemployment, decreasing the poverty and funding the other social programs. Here, Chavez also made an error of not consolidating upon these export values and took erroneous decisions such as replacing experts by his own people that siphoned the funds for their own benefits. When the oil price came down, then earning of the government from the export of oil, also came. Further, the volume of exports also came down. It reduced the major source of income and government has to restrict its finances.

Read More
366 Words | 2 Pages

Chavez acquire most of his success by striking and using nonviolent acts. Many acknowledge that Chavez did a great job in fighting for the rights of farmworkers however many criticize his character. Matt Garcia a journalist for the University of California points out that during the victory of the grape strike of 1970 which passed the Agricultural Labor Relations Act Chavez “failed to adapt his strategy to fit the demands of a dynamic situation” (Garcia ; para5). Garcia demonstrates how after acquiring the ALRA act Chavez failed not pursuing contracts with growers and had a strong stubborn, and abusive character with others. To emphasize, although many criticize his strong personal character, his character lead, Chavez to fight for the rights

Read More
1653 Words | 7 Pages

Braden Neal Deborah Gill Spanish 131Y 19 November 2014 Simon Bolivar: El Libertador He is known as America’s second Washington. El Libertador, Simon Bolivar, is one of the most famous men in Latin American history.

Read More
1243 Words | 5 Pages

Malcolm X once said, “You can’t separate peace from freedom because no one can be at peace unless he has freedom” This quote is what Simon Bolivar lived his life by. Simon Bolivar was born on July 24th, 1783 and passed away on on December 17th, 1830. Between this time period, Bolivar gained fame for his liberations of Latin America.

Read More
297 Words | 2 Pages

As a labor union organizer and civil rights leader, Chavez wrote this article to validate the use of nonviolence instead of violence as means to create change. Chavez presents comparing through counter argument, if-then structure, and parallelism. The article Chavez wrote explains how effective nonviolence is. Chavez argues for nonviolence despite understanding the tendency toward violence. Throughout the article, Chavez counters nonviolence with violence informing the "what ifs".

Read More
700 Words | 3 Pages

HIS 1010 Name: Abdullah Ali Mohammed Madonna ID: 250490 Neoliberalism has occupied Latin America for over three decades. The neoliberalism eliminates tariffs and government subsidies of national industry and implementing national policies that favor the needs of business and investment. In this essay, I am going to discuss the issues that faced Latin America because of neoliberalism and how it brought harm to Latin America. Neoliberalism caused a loss in state revenue, so the amount which helped to fund the social welfare programs faced a loss. The regulations of labors were weakened, financial trading was deregulated, and the prices of agricultural products were no longer controlled by the state.

Read More
552 Words | 3 Pages

Over the years the U.S and Venezuela has not had the best country relations. Although in the past the U.S and Venezuela have has great relations, they face many political difference once the Venezuelan President Hugo Chavez entered the office. He has felt that since the presidency of George Bush, there has been high tension on whether the U.S was a true partner. Hugo Chavez criticized US presidents in United Nations speeches and he formed alliances with Iran, Russia and Cuba. He also blamed the US for the earthquake that destroyed Haiti and he claimed the CIA was trying to assassinate him.

Read More
1602 Words | 7 Pages

The importance of the precious existence of unity within familial relations in any given society is the reason for the integration and conveyance of the value of secured bonds between family members in both John Steinbeck’s and Geraldine Brooks’ novels. In their literary works, inspiration came from historical events and certain situations in their lives. The influence of the conditions of migrant labours during the Dust Bowl of the Great Depression led to the creation of John Steinbeck's 1939 novel The Grapes of Wrath. The work questions the value of familial relations in a third-person perspective as families such as the Joad’s face difficulties and obstacles throughout the years. On the other hand, the village of Eyam during the 1665-1666

Read More
1384 Words | 6 Pages

People trusted him because he seemed fair and a very equal person that will make a government fair and equal for all Venezuelan citizens. He gathered a lot of power and he became a person with a big group that became a majority in 1998. He won the elections of the country and he promised to Venezuela that he will change a lot of things for the improvement of the country. The first years of his position as a president he made some very good changes to the country but also he showed people a side of him that people didn’t actually like. He was a man with a way of thinking that

Read More
1524 Words | 7 Pages

There is barely enough food and medical supplies for all Venezuelan citizens. The Venezuelans are suffering while the government does not know how to fix this crisis, “Everyone here is hungry. We are down to one meal a day, and we are college educated with full time job. No matter how much money you have, you can’t buy food. It simply isn’t here” (ciation here)

Read More

More about Hugo Chavez And Venezuela's Worst Crisis

Related Topics

Open Document