The Venezuelan Crisis
by Alyssa Toni
Background
- Country lies in the northern part of South America near the Caribbean sea
- Produces a lot of petroleum
- Venezuela has been under a ruler for 300 years
- Speak Spanish
leading to the riots
Coal to Oil
Countries wanted to use oil instead of coal for transportation
Price Increase/ riots
The price of oil was decreasing. Since Venezuela relies heavily on exporting oil to other countries and with the decrease in oil price, Venezuela was not able to feed its country. This lead to an increase in price for products in Venezuela and caused riots.
Poor
Many people were becoming poor because of the increase of products.
Hugo Chavez
- He was a dictator in Venezuela
- He helps the poor and in return the poor supports his beliefs. His beliefs were dividing the money equally
- The higher class is not in favor with his decision because this affects their wealth and life style.
- He wanted more power and control over the oil business
- He made new laws that made him even more powerful
- He created capital flight which is transferring of money to another country with better economy to save their money. The upper class mainly participated in this. When they do, the less fortunate lose money because the value of the countries currency goes down.
Protesting
- Many people are protesting by fighting and getting people who have the same beliefs as they do to help.
- Non supporters of Hugo Chavez threaten to separate; be independent. These are the rich people
- Riots have mainly happened near the upper level or class
- Many wanted Chavez out of presidency
Outcomes/effects on protests
- Many people wanted to have peace, so they tried to make peace agreements
- speeches about peace were also said
- Venezuela also tried to control and manage economic problems
- Later on, a new president entered and different beliefs had developed
- Nicholas Maduro was the new president and he favored the upper class
Standing up for their beliefs
"How did the participants demonstrate their belief system through their protests?"
- violence
- signs
- pictures
This video answers the question and gives other information.
Picture Citations
- http://thesaleshunter.com/wp-content/uploads/2014/06/4944470-medium-300x194.jpg
- http://moneymorning.com/wp-content/blogs.dir/1/files/2014/07/20140729-crude-oil-prices.jpg?ad2f2d
- https://katercreations.files.wordpress.com/2015/07/poor-people-clipart-poor1.gif?w=800&h=312&crop=1
- http://www.operationworld.org/files/ow/maps/lgmap/vene-MMAP-md.png
- https://www.google.com/url?sa=i&rct=j&q=&esrc=s&source=images&cd=&cad=rja&uact=8&ved=0ahUKEwjYva_EktXMAhXIwj4KHbhwBEgQjB0IBg&url=http%3A%2F%2Fgawker.com%2F5987472%2Fhugo-chavez-is-dead&psig=AFQjCNGtDpOO8jvAZxSPBepynN2nvSIvnw&ust=1463163335345378
- http://www.worldatlas.com/img/areamap/9bf954ff5d35fd0da989b0d5b3eaaf55.gif