| The Venezuelan economy is largely dependent on its | | | | Venezuela is no grim bastion against the capitalists, but |
| oil wealth. It is one Latin American country that has | | | | a fun place to live in and visit. Travel within this place is |
| huge reserves of oil. This is both a boon and a bane | | | | inexpensive because of the high Government |
| for the people of the country. Many multinationals have | | | | subsidies on petrol. This makes it ideal to drive around |
| tried to curb the freedoms of its people to try and | | | | the country seeing the various sights that this nation |
| access their oil wealth. However, the people have | | | | has to offer. |
| valiantly resisted all such moves and have carved an | | | | Apart from crude oil, gold, iron ore, and diamonds are |
| independent course of actions for themselves. | | | | also mined in this country of immense natural wealth. |
| Although rich in mineral wealth, the Venezuelans also | | | | The country also has an industrial base and |
| want to develop other industries and agriculture in | | | | manufactures cars for both domestic use and export. |
| order to remain economically independent. | | | | It imports a lot of agricultural products but manages to |
| Their leaders have supported an independent currency | | | | have a positive trade surplus because of its oil exports. |
| policy and have tried to remain free of the influence of | | | | The country also has a huge biodiversity in terms of |
| the great capitalist powers of the world. In spite of this, | | | | trees and animal life. Its aquatic life too is numerous. |
| they retain a charm and gaiety that is indescribable. | | | | |