- mauritius". By 2015,they constitute 8 of total exports. Retrieved 22 February 2014. The economy of Venezuela is largely based on the petroleum sector and manufacturing. Retrieved (in Spanish) "Contribucin petrolera se duplica por ajuste cambiario." El Universal. Our research teams focuses on the.
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155 Since businesses make low profits, this leads to shortages since they are unable to import the goods that Venezuela is reliant. 42 The number of people living in poverty rose from 36 in 1984 to 66 in 1995, 45 with the country suffering a severe banking crisis ( Venezuelan banking crisis of 1994 ). 118 In 2015, estimates showed that Venezuela's industrial production fell about 8 that year alone. Retrieved Pons, Corina; Luc, Cohen; Rosalba, O'Brien (7 November 2018). 31 32 Contents History edit edit When oil was discovered during Maracaibo strike in 1922, Venezuela's dictator Juan Vicente Gmez allowed American oil companies to write Venezuela's petroleum law.
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