Oil
Venezuela used this to buy imported goods for their country.
oil money
What country is giving the most money and aid to Nicolas Maduro?
Russia
Who is technically the current president?
Maduro
Hugo Chavez is known for fixing ___________.
poverty
Who recommended Maduro as president?
Hugo Chavez
During what time period did the price of oil start to drop?
1980s-2000s
The price of oil dropped ____% over a few months in 2015
50
Technically what type of government does venezuela have today?
Democracy
How long was Chavez in jail?
2 years
How did Maduro get power to rewrite the constitution?
He took power away from the lawmakers
What did a drop in oil prices cause? (multiple answers possible)
Bad economy, running out of the government money, rise in inflation, good shortage, etc...
What year was oil found in Venezuela?
1914
Who was Venezuela's first leader?
Bolivar
What was the name of Chavez’s TV show?
Alo Presidente (Hello President)
What was Maduro's relationship to Chavez?
Maduro was Chavez’s vice president
This charismatic president was in office when oil prices were at their highest.
Hugo Chavez
What percentage inflation was there, as of 2017?
400%
When did Venezuela first become a democracy?
1947
What is Chavez's nickname?
El Comandante
What was the percentage of the inflation rate in 2017?
400%
This dictator passed the Hydrocarbons Law.
Isaias Medina Angarita
What force controls all the businesses in Venezuela?
government
Name at least 1 of the 2 types of government Maduro supports.
Dictatorship, socialism
What year did Chavez die?
2013
Why is there a shortage of medicine and food in Venezuela?
Because of a drop in oil prices