Venezuela is a developing country and ranks 113th on the Human Development Index. It has the world’s largest known oil reserves and has been one of the world’s leading exporters of oil.
What is Venezuela most known for?
It has the world’s largest known oil reserves and has been one of the world’s leading exporters of oil. Previously, the country was an underdeveloped exporter of agricultural commodities such as coffee and cocoa, but oil quickly came to dominate exports and government revenues.
Why did Venezuela fail?
Political corruption, chronic shortages of food and medicine, closure of businesses, unemployment, deterioration of productivity, authoritarianism, human rights violations, gross economic mismanagement and high dependence on oil have also contributed to the worsening crisis.
What do people from Venezuela do for fun?
Venezuelan teenagers love spending time with their families, or socializing with friends. They enjoy dancing and music from all over the Caribbean and the rest of the world. They will be happy to show you their moves and teach you how to dance!
Why was the Simpsons banned in Venezuela?
‘The Simpsons’ Got Banned In Venezuela For Being a Bad Influence And Replaced With ‘Baywatch’ TV shows frequently dive into controversial topics or base their whole premise on a taboo subject.