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Venezuela History

Venezuela History

Struggle between dictatorship and democracy During the period of the dictatorship of General JV Gómez (1908–35, with interruptions), oil production developed into Venezuela’s economic base, supported by foreign capital investments. With the help of the state’s share in oil sales, Gómez reduced the national debt and stabilized the currency. Venezuela has benefited from the exploitation of its large oil reserves since the 1920s and has become one of the most modern Latin American states on this basis. In 1948 a…

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Venezuela Guide

Venezuela Guide

Country data Location: Northern South America Time zone: CET – 5.5 (during summer time: CET – 6.5) Total area: 912,050 km² Land area: 882,050 km² Water area: 30,000 km² Length of the state border: 4,993 km Bordering countries are accounted for: Brazil: 2,200 km Guyana: 743 km Colombia: 2,050 km Coastline: 2,800 km Capital: Caracas Regions: 25 Amazonas, Anzoategui, Apure, Aragua, Barinas, Bolivar, Carabobo, Cojedes, Delta Amacuro, Dependencias Federales, Distrito Federal, Falcon, Guarico, Lara, Merida, Miranda, Monagas, Nueva Esparta, Portuguesa,…

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