General Facts
How many Spanish-speaking countries are there in the world?
There are 21 countries where Spanish is the official language, including Spain, Mexico, Argentina, and Colombia.
el valor de lo que ha disminuido debido a la inflación?
Pesos
This currency was used informally in Venezuela starting in 2017 due to hyperinflation, before being officially allowed for open pricing in 2018 under Nicolás Maduro's government.
What is the US dollar?
This international event in 2022 provided Venezuela with an opportunity to sell more crude oil, though the country couldn't fully capitalize on it due to its production limitations.
What is the Russian invasion of Ukraine?
conjugate the verb "Buscar" for yo, tu, usted, nosotros, vosotros, and ustedes
Busco, Buscas, Busca, Buscamos, Buscais, Buscan
What is the capital of Spain?
Madrid
Lo que ha tensado la economía?
Debt and Policies
This term describes the spontaneous and unregulated adoption of a foreign currency by Venezuelans, primarily to cope with the devaluation of their national currency.
What is dollarization?
According to economist Asdrúbal Oliveros, this term describes Venezuela's state, which is incapable of generating income and contributing to a sustainable economic recovery.
What is a collapsed state?
What is the Spanish word for "tired"
Cansado
Which Spanish-speaking country is the largest in terms of area?
Argentina
cambios en lo que ha llevado a la inestabilidad política?
Changes in leadership and policies
The economic rebound in Venezuela was primarily driven by this sector, which saw a boom in the opening of restaurants in the capital last year.
What are commerce and services?
Despite signs of recovery, Venezuela's economy is described by Giorgio Cunto as having these two limiting characteristics that hinder its growth and diversification.
What are unproductive and uncompetitive?
Espero que tengas un buen día
What is the longest river in South America?
Amazon River
¿Qué ha dificultado que la gente pueda cubrir sus necesidades básicas?
Inflation has led to a decline in real wages, making it harder for people to afford basic necessities.
This significant drop in 2022, mentioned by the president of the Association of Restaurants, reflects the high failure rate of new dining establishments following initial overenthusiasm.
What is the 60% closure rate?
This economist highlights the limited nature of Venezuela's economic rebound due to the country's deep structural crisis and an inability to generate sustained improvements.
Who is Asdrúbal Oliveros?
Describe the differences between the Spanish prepositions "por" and "para," including their various meanings and contexts of use, providing examples to illustrate each.
"Por" is used to express movement, duration, cause, exchange, and means, while "para" indicates purpose, destination, deadlines, recipients, and comparisons, for example, "Voy por el parque" (I'm going through the park) vs. "Voy para el parque" (I'm going to the park).
What is the highest mountain in South America?
The highest mountain in South America is Mount Aconcagua.
Asdrúbal Oliveros cites these persistent issues, including sanctions, lack of credit, and poor public services, as reasons why any economic improvement in Venezuela quickly fades.
What are a sanctioned economy, no possibility of credit, and problems with public services?
In May 2022, Venezuela's state-owned oil company reached this daily production level, according to OPEC figures.
What is 735,000 barrels per day?
Giorgio Cunto believes the main mistake in assessing Venezuela's recovery was this, due to overly optimistic expectations from the population.
What is overvaluing the recovery?
Explain the concept of gender agreement in Spanish nouns and how it contrasts with English.
In Spanish, nouns, adjectives, and articles must agree in gender and number, while in English, gender agreement is not typically required except for pronouns.