1.6 Venezuela Flashcards
(1 cards)
1
Q
Background info
A
- 1999-present - Socialist rule under Hugo Chavez
- Oil makes up 80% exports (1/3 GDP)
- Shortage of basics goods including medicine (lack 50-80% of whats needed)
- Inflation over 800%, violent crime rising
- 7 million people (20% emigrated) - doctor salary £10/month
- Declining LE
